Economic Benefits of North East Tasmanian Rail Trail Identified

T06-255 Lilydale 2014 crop
A flatter part of this very scenic corridor at Lilydale

Northern Tasmania Development has completed a demand and economic benefit assessment for the proposed rail trail between Launceston and Billycock Hill, near Ledgerwood.

The report concludes that after five years (post-construction), the Rail Trail will create $6.8million per annum of economic impact in the region with the creation of 40 new jobs. This benefit grows to $11.2 million per annum after 15 years.

This project will provide a significant enhancement to the already funded network of mountain bike trails, making the northern region a truly competitive tourism and cycling destination.

The full report can be viewed on the Northern Tasmania Development website.

Click here for further information on the section of the North East Rail Trail that has already been developed between Tonganah and Tulendeena.

Share

Leave a Comment

You must be logged in to leave a comment.

More News

More News