Macquarie Point Precinct Draws Strong Private Interest

Tasmanian Government

The Tasmanian Liberal Government is encouraged by the strong, positive interest expressed by local, national and international market players who want to participate in the Market Sounding Process for the Macquarie Point Precinct.

The Market Sounding Process will investigate opportunities to harness private sector investment and innovation on procurement and delivery options for the Precinct.

Registrations of Interest closed on Friday, 17 January and includes consortiums, tier-one construction firms and major equity investors.

Minister for Business, Industry and Resources, Eric Abetz, welcomed the interest, saying that it demonstrates the potential of such a Precinct.

"This project will unlock decades of economic investment, jobs, and opportunity, which is why we sought feedback from those interested in working with the Tasmanian Government on this landmark project," Minister Abetz said.

"It will create a bustling precinct for all Tasmanians and visitors to enjoy, and we need a team of innovators who have the capability to deliver on our ambitious vision supported by our 2030 Strong Plan for Tasmania's Future.

"The transformation of the Macquarie Point precinct will shape Tasmania for generations, and it's clear that the private sector is showing genuine interest to get involved in this game-changing project."

Market Sounding is the first step in considering a private partner to activate the Macquarie Point Precinct and is used prior to the commencement of a formal procurement process.

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