Woolworths and construction driving Tasmanian economy

Woolworths and construction driving Tasmanian economyThe Executive Director of the Tasmanian Division of the Property Council Brian Wightman today welcomed the start of construction of Woolworths’ new Launceston supermarket and their ongoing commitment to the State.”Woolworths Limited’s investment totalling $70 million and creating 1000 jobs with many in the construction industry highlights the importance of the property sector to the Tasmanian economy.”As the foremost property industry advocate we look forward to assisting Woolworths to engage with local contractors during the construction phase of their new Launceston supermarket,” Mr Wightman said.Incoming Division President, Sam Hogg also acknowledged Woolworths investment in Northern Tasmania and the opportunities that will eventuate as a result.”Recent announcements of continued investment in the property and construction industries send a very positive signal to the market that Launceston has great potential as a regional city.”Tasmanians need jobs and we must assist our corporate partners to deliver sustainable development that provides our young people with a reason to stay”, Mr Hogg said.Mr Wightman congratulated Woolworths Limited for their commitment to create competition in the supermarket space.”As an industry advocate sustainable development which creates jobs remains our top priority, however we strongly recognise the need for competition to ensure that groceries are an affordable necessity for everyday Tasmanians.”Woolworths’ significant investment in new stores and refurbishments will ensure that Tasmanians have much needed choice,” Mr Wightman said.The property and construction industries employ 16.7 per cent of Tasmania’s workforce, are the state’s largest single contributor to gross state product at 10.9 per cent, and pays over $800 million in property-specific state and local taxes.Media contacts:Brian Wightman, Executive Director Tasmania 0429 073 773