Senator Steve Martin has labelled the latest announcement of $4.8 million of Federal Government funding contributing to the completion of four sections of the Cradle Coast Coastal Pathway a significant boost for economic, health-related and recreational activity in Tasmania.
The Cradle Coast Coastal Pathway of 110km will connect coastal communities from Wynyard to Latrobe, and is a three-way partnership with the Federal Government, the Cradle Coast Authority, and five local councils.
“The Cradle Coast Coastal Pathway is a big win for Tasmania and expected to increase tourism expenditure by $8.5 million per annum, generate $17 million of overall economic activity every year, and create 97 ongoing jobs for the North West,” said Senator Martin as he made the joint funding announcement with Senator the Honourable Mathias Cormann Minister for Finance at the Turners Beach Berry Patch today.
“The pathway provides cyclists and pedestrians connectivity between communities, and will bring new business opportunities with interstate visitors using the Spirit of Tasmania. The funding to help build four sections is another step towards the pathway being completed by 2025.”
“The recreational, financial and health benefits will flow from the Cradle Coast Coastal Pathway for decades to come and will strengthen surrounding communities. This funding is a stamp-of-approval for the region taking in a population catchment of 85,000 people and representing 70 per cent of the Cradle Coast’s population.”
Senator Martin said the funding will help build sections from Latrobe to Devonport, Devonport to Leith, Sulphur Creek to Penguin, and Penguin to Ulverstone. The completed pathway is expected to cost $26.5 million.