The Australian Government is investing $1 billion in Tasmania to fund major projects state wide with a focus on economic growth and jobs.

Building infrastructure projects that will make a difference and getting products to markets in the most efficient way possible is a priority for the Government. Key projects in the Tasmania include:

• the Midland Highway Upgrade;
• Freight Rail Revitalisation, to upgrade the rail network to secure the safety, reliability and competitiveness of rail freight operations;
• Brooker Highway — Elwick‑Goodwood to Howard Road, to consolidate the existing staggered intersections at Goodwood and Elwick Roads and replace the existing Howard Road roundabout with traffic lights; and
• Huon Highway/Summerleas Road Intersection Upgrade, to upgrade the intersection between the Huon Highway and Summerleas Road to address cross-traffic movements.

The Australian Government's investments in Tasmania since the 2013 Federal Election are detailed in this map.

The upgrade of the Midland Highway will improve safety on this major north-south corridor between Hobart and Launceston. The Midland Highway connects southern Tasmania with ports in the north allowing access for Tasmanian industry, including tourism, to mainland and international markets.

Freight and passenger movements on the Midland Highway are forecast to increase by 70 per cent and 40 per cent respectively by 2030. The upgrade of the Midland Highway will facilitate this forecasted increase in the movement of freight and passengers. The upgrade forms part of the Australian Government's Economic Growth Plan for Tasmania.

The Australian Government will contribute $400 million over 10 years from 2014‑15. The Australian and Tasmanian governments are working together to finalise projects that could be undertaken under this commitment. It is likely that a package of works will include road widening, additional lanes and other safety measures.