Launceston Chamber of Commerce executive officer Neil Grose said businesses were "very positive" post election because there would be a "clear direction" in the term ahead.

Some key projects received pledges from the Liberals in the lead up to the election, such as the eastern bypass feasibility study, the City Deal extended from five to 10 years and Albert Hall's transformation into a cultural and convention centre.

"Most of the commitments were bipartisan, but the City Deal extension from five to 10 years is critical for Launceston's future framework," Mr Grose said.

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One of the biggest wins for business will be the study into the benefits of a ring road so trucks can bypass Launceston's CBD, avoiding about 20 sets of traffic lights.

"The ring road has been a long-term project that has been going on for about 40 years," he said.

"Heavy trucks going through the city leads to congestion and lack of amenity but, more importantly, improving traffic would be a smarter way of managing flow."

Despite not receiving a promise from the Liberal camp before the election, Mr Grose felt confident the proposed fermentation centre at Legana would still go ahead through its partnership with the University of Tasmania.

He also flagged the hydrogen energy production facility at Bell Bay.

"I wouldn't think it's going to be forgotten. We already have a great framework for these things," he said.

One project Mr Grose would like to see added to the agenda is improving the region's basketball and netball facilities.

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