Economic Benefits of North East Tasmanian Rail Trail Identified
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.
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29/07/22
More News
The AGM for Monaro Rail Trail Inc was held at the Cooma Library and online on Monday 14 November 2022. The major outcome...
Following on from a successful exhibition at the Melbourne Bike Show last month, RTA were again represented at the inaug...
The Riesling Trail is one of Australia’s oldest and most popular rail trails with many experiences to enjoy in Sou...
On Friday 11 November, the two RTA Regional Reps for South Australia and their partners travelled to Clare to attend the...
The Friends of the Bendigo Kilmore Rail Trail have done a huge amount of work for the O’Keefe Rail Trail and RTA&#...
November Update The rail trail opened with a well attended family event at Coonawarra on the 5 November. More details in...
Early October saw the return of the Around the Bay cycling event after being cancelled for the last 2-years. ‘Friends ...
The Camperdown to Timboon Rail Trail is open again after two bridges were replaced earlier than expected. “The bridges...
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