Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 

$20 million Invested in Growing Northland’s Economy

MEDIA RELEASE

28 September 2016

$20 million Invested in Growing Northland’s Economy

Three years on from the inception of the Northland Regional Council’s (NRC) Investment and Growth Reserve (I&GR) important economic development projects have been catalysed by the fund.

Six million dollars invested by NRC has leveraged an extra $14M in partner funding bringing the total to $20M invested in valuable economic development projects for the region.

“Two projects to the value of $1.23M approved by the NRC last week provide good examples of the benefit that can be derived by using this fund as a catalyst for development” says Vaughan Cooper, Northland Inc’s GM Investment and Infrastructure.

Extension 350 is a $3.45M project, with partners the Ministry for Primary Industries, Dairy NZ and Beef and Lamb, designed to lift on farm performance through improving farm systems and profitability. This project is expected to provide an extra $5M in profit per annum into the primary sector. “Profitable farmers make good long term decisions for their farms and the environment” says farmer and project chair Ken Hames.

The Waitangi Mountain Bike Park is a $1.6M project expected to contribute $6M per annum into the economy and result in the creation of 50 new jobs in the tourism sector. “NRC’s investment of $400,000 allows us to complete a further 30km of new trails and provides a real confidence boost for the project which helps immensely with our other funding applications” says Focus Paihia chair Grant Harnish.

Other projects to receive funding from the I&GR include the Twin Coast Discovery revitalisation project, the Twin Coast Cycle Trail - Pou Herenga Tai, economic development opportunities from better water management, REL sawmill, The Orchard Collaborative workspace and increased regional promotions activity.

“The pipeline is also healthy as the fund has allowed us to qualify new projects through feasibility studies and business case development to ensure projects are robust before they look for investment” says Vaughan.

Dr David Wilson CEO of Northland Inc and Chair of EDANZ says “the I&GR has been a key tool in our economic development toolkit, and NRC have shown real foresight in setting it up. The fund is clearly working. Looking forward the process could be further refined and the fund could be increased, however, this puts real pressure on one organisation to continue to fund it. Central Government would do well to investigate this as a way to partner with regions in their regional growth agendas.”


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Marsden Pipeline Rupture: Report Calls For Supply Improvements, Backs Digger Blame

The report makes several recommendations on how the sector can better prevent, prepare for, respond to, and recover from an incident. In particular, we consider it essential that government and industry work together to put in place and regularly practise sector-wide response plans, to improve the response to any future incident.

Most significantly, we found that Auckland’s jet fuel supply is currently not sufficiently resilient, when assessed against the specific resilience standards we developed during our work, and from a public interest perspective. More>>

 

Gordon Campbell: On Allegations Of Left Wing Media Bias

“Left wing bias” accusations date back at least to the mid 1990s... the charge was ridiculous then, and is ridiculous now. More>>

Next Wave Of Reforms: Gun Registration And Licensing Changes Announced

“The Bill includes a register to track firearms and new offences and penalties that can be applied extraterritorially for illegal manufacture, trafficking, and for falsifying, removing, or altering markings – which are a new requirement under the Firearms Protocol.” More>>

ALSO:

Gordon Campbell: On Labour’s Mishandling Of The Alleged Sexual Assault

The focus of Labour’s alleged sexual assault scandal has now shifted from the party organisation to the Beehive... This is now a crisis of Beehive management and response, not something occurring at a distance within the party organisation. More>>

ALSO:

'History Rectified': Rua Kēnana To Be Pardoned

An official pardon for Tūhoe prophet and leader Rua Kēnana is one step closer after the Te Pire kia Unuhia te Hara kai Runga i a Rua Kēnana: Rua Kēnana Pardon Bill was read in Parliament for the first time today. More>>

ALSO:

Mental Health: Initial Mental Health And Wellbeing Commission Appointed

The Government has announced details of the initial Mental Health and Wellbeing Commission which will play a key role in driving better mental health in New Zealand. More>>

ALSO:

people outside the meeting house at WaitangiEducation: NZ History To Be Taught In All Schools

“We have listened carefully to the growing calls from New Zealanders to know more about our own history and identity. With this in mind it makes sense for the National Curriculum to make clear the expectation that our history is part of the local curriculum and marau ā kura in every school and kura,” Jacinda Ardern said. More>>

ALSO:

Sexual Assault Claims Mishandled: Labour Party President Resigns

Jacinda Ardern: “This morning I was provided some of the correspondence from complainants written to the party several months ago. It confirms that the allegations made were extremely serious, that the process caused complainants additional distress, and that ultimately, in my view, the party was never equipped to appropriately deal with the issue…" More>>

ALSO:

Budget Process: Wellbeing To Be Enshrined In Law

Legislation has been introduced in Parliament to ensure every Government considers the wellbeing of New Zealanders when creating future budgets. More>>

National In China: Bridges Praises CCP, Meets Law Enforcement Head

A recent trip to China has raised questions over who the Opposition leader Simon Bridges met with and why... Anne-Marie Brady, a Canterbury University professor and expert on Chinese politics, has described Guo Shengkun as the leader of the Chinese secret police. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels