THE Tasmanian Government is now welcoming applications from organisations looking to develop major infrastructure projects across the state, with job creation and an economic boost the prospective outcome of a $3 million grants package.
Under the Major Development Infrastructure Assistance Fund, grants of between $100 000 and $1m will be available to applicants as part of an initiative to facilitate construction of major projects, including:
- Gas networks;
- Electricity networks; and
- Water and waste networks.
“Following close consultation with the construction industry, the State Government is taking direct action to create jobs and investment,” Tasmanian Premier Lara Giddings said.
“We know there are major unemployment challenges in the state and this initiative joins measures such as payroll tax relief and the $30,000 first home builder boost which are designed to create jobs.
“By supporting major developers in this way we will bring forward significant projects that have the potential to generate immediate and ongoing economic activity.”
To be eligible for the funding, applicants’ projects must have a total of expenditure of least $2m, and grant amounts will be limited to no more than 50% of the total eligible expenditure of the project.
Additionally, projects must be scheduled to commence prior to 30 June 2014.
Expressions of interest opened on 6 December 2013 and will close on 6 January, 2014.
For more information and to apply for a grant under the Major Development Infrastructure Assistance Fund, click here.