Business Chief APAC+ANZ Magazine August 2015 | Page 92

TASMANIAN MAJOR PROJECTS APPROVAL AGENCY

Tasmanian Major Projects Approval Agency

History of the Agency The Tasmanian Major Projects Approval Agency ( TMPAA ) is part of the Commonwealth Government ’ s commitment to growing the Tasmanian Economy . It was launched in Launceston , Tasmania , in July 2014 and is part of the Australian Government ’ s Economic Growth Plan For Tasmania which reaffirms the commitment to a strong and prosperous Tasmania .
The Goals and Roles of the Agency
The TMPAA works with companies to ensure that they are able to efficiently and effectively identify all of their regulatory and compliance obligations when undertaking a major project in Tasmania . Projects that attract investment of $ 50 million or more in Tasmania by 2020 automatically qualify for the Agency ’ s full services . However , if your project falls outside this scope there are other conditions under which your project could be eligible as the aim of our Agency is to encourage investment in the Tasmanian economy .
The TMPAA provides proponents and the wider community with certainty about approvals processes , not certainty of approvals outcomes . Ensuring that full information about approvals requirements and processes is available to project proponents is an important part of maintaining the integrity and balance of Australia ’ s regulatory and approvals systems .
The Agency is based in Launceston but our services are available state-wide and we are always willing to meet with project proponents at a location convenient to them . All TMPAA services are cost free and carry no obligation . Ways in which the TMPAA can assist include : − Provide a single-entry-point for Commonwealth regulations and approvals ; − Map critical approvals pathways : the Agency , in consultation with State and Local government , can provide proponents with a map of
92 August 2015