The Tasmanian government is hoping to unlock millions of dollars of private investment in property development and civil and commercial construction through a new fund set to provide one-off relief for infrastructure costs on significant dollar value building projects.

Announcing the launch of the Major Development Infrastructure Assistance Fund at the Tasmania Chamber of Commerce and Industry Jobs Forum earlier this month, State Premier Lara Giddings said the government would provide grants of between $100,000 and $1 million to encourage developers to bring forward projects that have the potential…