AN ANNOUNCEMENT of $115m for construction of a new bridge at Bridgewater, Tasmania, has been welcomed by a key industry group.
The money was announced by the state government as part of its annual budget and comes on top of $461m already allocated by the Commonwealth.
“Boosting the crossing capacity of the Derwent River with a new Bridgewater Bridge is top economic priority for Tasmania and for the nation,” said Australian Logistics Council managing director Michael Kilgariff.
“Tasmania faces a unique set of freight logistics challenges as an island state. Improving the efficiency and safety of its supply chains will be essential to continue building on the state’s strong economic performance in recent years.”
Mr Kilgariff said the construction of a modern, four-lane Derwent River crossing was essential to opening up Tasmania’s north-south corridor, allowing for more efficient movement of freight between key ports in the state’s north and Hobart.
“Today’s announcement builds on other significant freight-related initiatives in Tasmania which have been supported by ALC,” he said.
“These include the recent expansion of the Tasmanian Freight Equalisation Scheme (TFES), to support goods going to markets that were not previously eligible to access the scheme, as well as Tranche Two of the Tasmanian Freight Rail Revitalisation Program.”