$20 million boost for Tasmanian exporters
The Federal Government has announced a one-off $20 million funding boost to assist Tasmania’s exporters reach international markets.
The Government has confirmed the spending after it flagged the package in March in response to Tasmania’s sole international sipping container AAA ceasing operations.
The funding measures contain three key measures:
- Direct and immediate assistance to Tasmanian exporters through a one-off payment to help them stay competitive in the new shipping environment.
- Investing in infrastructure improvements at the Port of Burnie to increase container handling capacity and enhance the efficiency of movements within the port.
- Establish a freight logistics coordination team with an industry leadership.
“These infrastructure improvements at the Port of Burnie are crucial, and recognise its importance as the major freight port in Tasmania,” Parliamentary Secretary for Agriculture, Fisheries and Forestry Sid Sidebottom said.
“The port will receive $4 million in Federal infrastructure funding to increase container handling capacity and improve the movement of goods within the port, boosting efficiency and helping to lower costs for Tasmanian exporters.”