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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More News
Sunday, 4 June, saw the Mansfield Marathon along the Mansfield end of the Great Victorian Rail Trail (GVRT) return for t...
Paul Baker, an enthusiastic rider who is aiming to ride every rail trail in Victoria in 2023, recently rode his 29th Ra...
The section of the Port Fairy – Warrnambool Rail Trail between Port Fairy and Illowa will soon benefit from a new surf...
The community have the opportunity to provide direct feedback to assist the Mt Alexander Shire Council in partnership wi...
The City of Greater Bendigo will shortly commence a project to construct and install public toilets, bike hoops, new par...
A large crowd turned out today (Friday 26 May) on a beautiful morning at Trawool Estate for the official launch of the A...
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