The federal government has committed $20 million for the planning and design of a new Tamar River bridge north of Launceston.
This funding is part of a broader $43 million investment in northern Tasmanian road projects, announced on Tuesday by Infrastructure Minister Catherine King.
The bridge project, which has failed to secure federal support in the past, has long been anticipated by local residents.
It would connect the West Tamar Highway with the East Tamar Highway north of University Way in Newnham.
The total cost is estimated at $680 million, though Minister King noted that the planning process will help determine the final figure.
“Getting vital planning done for the New Tamar Crossing will support Launceston’s growing population by allowing them to move faster and more safely across the region,” King said.
“The project will enhance the resilience of the road network by providing increased flood immunity while also better connecting people between where they live and work.”
The state government has previously committed $80 million towards construction of the bridge.
The $43 million package also includes approximately $4 million each for upgrades to Bridport Road, the Murchison Highway and the Devonport to Cradle Mountain corridor.
It will fund respective general road improvements, new overtaking lanes and planning and concept design work.
A $10 million resilience upgrade for St Marys Pass was also announced, ensuring it remains open to traffic during severe weather events.