Lara Giddings, premier of Tasmania, last week announced a new AUS$3m marina in Prince of Wales Bay. The development is a joint venture between CleanLIFT Marine and INCAT.

It will include 160 berths for boats up to 35m (115ft), dry-stack storage for boats up to 10m (33ft), as well as chandlery, brokerage and shower facilities.

“This AUS$3m investment is another sign of growing confidence and prosperity in the Tasmanian economy,” Giddings said in a statement. “Private capital investment has been growing for five consecutive quarters, with more than AUS$4bn invested in the past year. The project will have positive flow-on effects for the Prince of Whales Bay area, including existing businesses.”

Giddings says the marina is near boat refit and maintenance services, and that a Derwent Maritime Industrial Sites Master Plan is currently under development.

“There has been significant growth in the recreational boating market and a clear trend in boat owners moving their boats to marinas,” says Giddings. “This has led to a shortage of quality marina berths in southern Tasmania, with waiting lists at all existing facilities