The project includes infrastructure and facility upgrades at Hobart’s Anglesea Barracks. This involves a $17.7m investment and will ensure safety and site functionality for personnel.
A new $15.8m cadet facility in the northern suburbs of Launceston will also be constructed under the project.
The financing also includes an $11.2m investment in the redevelopment of Australian Defence Force reserves and cadet facilities at Youngtown Depot in South Launceston.
The Anglesea Paterson Project has been developed in partnership with the Department of Infrastructure, Transport, Regional Development and Communications, and will be carried out across Anglesea Barracks and Youngtown Depot.
Work will commence early this year and is expected to be completed in mid-2023.
Australian Defence Industry Minister Melissa Price said: “This is a huge win for Tasmania, particularly the small businesses that stand to reap the benefits of this significant $57.4m investment.
“It is expected that 80% of the work will go to local industry, maximising opportunities for local businesses and giving the economy a real shot in the arm.
“With additional contract costs, our total investment comes to $57.4m, which is wonderful news for the Tasmanian economy.
“The construction workforce across the projects is predicted to be an average of 30 personnel, with a peak of around 80 workers per day across sites.”
Anglesea Barracks will also feature a new 1800 Defence Call Centre, which is expected to generate five new jobs.