Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


DairyNZ supports Government irrigation funding decision

MEDIA RELEASE
January 23, 2013

DairyNZ supports Government irrigation funding decision


DairyNZ has welcomed the Government’s decision to support regional-scale water infrastructure which will ultimately speed up the delivery of irrigation schemes.

The Government announced today that it will create a company to act as a bridging investor for regional water infrastructure. In addition, $80 million will be set aside in the 2013 budget for water infrastructure projects.

DairyNZ Chairman, John Luxton, says the decision bodes well for the future of dairy farming and its contribution to the economy.

“The dairy industry is committed to sustainable use of water and will be releasing a new Sustainable Dairying Water Accord as well as a wider sustainable farming strategy. But, for continued development of the industry, we need to have confidence that the necessary big regional investments will happen."

Mr Luxton says the Government is taking a comprehensive and strategic approach to resource use and its investment in water storage and irrigation, rather than making one-off, ad hoc decisions.

“This kind of approach will allow the dairy industry to plan for the long-term in a comprehensive and considered manner which will give others the confidence to invest too.

“Investment in water infrastructure will have regional benefits stretching across generations. Farmers are already investing millions of dollars in irrigation systems and upgrading them to ensure efficient water use,” he says.

Mr Luxton says this kind of government support is necessary because of the scale, complexity and capital requirements of regional scale irrigation and it will ultimately speed up the delivery of these schemes that will bring a range of community and economic benefits.

“The Government, quite rightly, sees irrigation as essential infrastructure that will have national economic benefits for the country as a whole. Its National Infrastructure Plan clearly sets that out and explains why it is prioritising this kind of investment.

“The Government is investing in national economic growth through infrastructure, as it does on other fronts like transport.

“It is important irrigation is expanded in a way which does not deplete groundwater or river flows. This is why the industry is moving towards developing more irrigation schemes with water storage. Modern computer controlled spray irrigation systems are far more efficient and environmentally friendly than the old flood border dyke systems,” he says.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Crown Accounts: Government Ekes Out Six-Month Surplus Of $9M

The New Zealand government eked out a tiny surplus in the first six months of the fiscal year as growth in domestic consumption lifted the goods and services tax take, while uncertainties over the Kaikoura earthquake costs meant expenses were less than expected. More>>

ALSO:

Almost 400 Jobs: Shock At Cadbury's Dunedin Factory Closure

Workers at Cadbury in Dunedin are reeling after learning this morning that the iconic Cadbury factory is to close, with the loss of almost 400 jobs... “The company had reported it was doing well and this has come out of the blue,” says Chas. More>>

ALSO:

Transport: Boards Of Inquiry For Auckland Roading Projects

Boards of Inquiry have been appointed to decide on two significant Auckland roading projects in a move which will get a decision by the end of the year, Environment Minister Dr Nick Smith and Conservation Minister Maggie Barry announced today. More>>

ALSO:

Three Months On: Quake Reciovery In Kaikōura And Elsewhere

Three months after the magnitude 7.8 earthquake on 14 November, encouraging recovery progress is being made in affected communities. More>>

ALSO:

Jetstar, Qantas For Govt Transport: Government Still In Talks With Air NZ

The government is still negotiating with national carrier Air New Zealand in a cross-agency air travel contract that will add a number of new airlines to the list of approved flyers. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news