Cost Efficient and Debt Free Staging
The Macquarie Point Vision does not rely on being undertaken as a single construction project. It is designed to be constructed as a series of smaller scale project stages. The advantage of this is that it does not rely on a single large Government financial commitment. It can be funded by the state over a number of budget cycles and matched with contributions from private investors, where they benefit.
The Vision is “loose fit” so can evolve should circumstances change. It is designed to be of maximum financial benefit to the state. Because construction stages are of manageable scale it is designed to be built entirely by local contractors with the capacity of our local construction industry, rather than relying on a single large multi-national building company.
The Macquarie Point Vision is a financially intelligent, and economically responsive approach to developing the site that does not saddle future generations of Tasmanians with an ongoing debt.