Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Govt agrees in principle to support Canterbury TEIs



Hon Steven Joyce
Minister for Tertiary Education, Skills & Employment
29 November 2012 Media Statement

Govt agrees in principle to support Canterbury TEIs in quake rebuild

Cabinet has made an agreement in principle to provide capital support to Canterbury’s three Tertiary Education Institutions for their earthquake rebuilding programme, Tertiary Education, Skills and Employment Minister Steven Joyce says.

“The University of Canterbury, Lincoln University and Christchurch Polytechnic Institute of Technology have all recently completed initial business cases for capital investment from the Crown as part of their earthquake rebuilding programme,” Mr Joyce says.

“Following advice from Treasury and the Tertiary Education Commission, Cabinet has considered all proposals outlined in the business cases, and has identified some projects where Crown investment appears most appropriate.

“The Government’s expectation is that TEIs across the country fund capital developments themselves, from their own balance sheets. However, the extraordinary circumstances in Canterbury warrant some additional support due to the severe challenges they face and the importance of the Canterbury TEIs to the region’s recovery.

“The Government will help meet the cost of rebuilding some key facilities alongside their insurance proceeds plus contributions from the TEIs’ own balance sheets.”

Cabinet has agreed to provide capital support in principle towards:
• science and engineering facilities at the University of Canterbury
• science facilities at Lincoln University
• expansion of trades training facilities at Christchurch Polytechnic Institute of Technology.

Final Cabinet decisions regarding the amount of Crown investment will be made following each of the institutions submitting a more detailed project business case for consideration in 2013.

“The Government has also maintained operational funding for these institutions at pre-quake levels, regardless of enrolment levels, for the third year in a row. This means they can maintain capacity while they work through the business cases and their long-term recovery strategy,” Mr Joyce says.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Mt Eden Prison: Serco Inquiry Extended

A two month delay to the Government investigation into prison fight clubs shows the extent of problems within the Serco circus, says Labour’s Corrections spokesperson Kelvin Davis. More>>

ALSO:

Health And Safety: Late Addition Of National Security Provisions A Concern

The New Zealand Law Society has expressed its significant concerns at the last-minute addition to the Health and Safety Reform Bill of provisions for a closed material procedure for court proceedings where national security is involved. More>>

ALSO:

Rugby And Beer: World Cup Alcohol Bill Passes

ACT MP David Seymour’s Sale and Supply of Alcohol (Extended licensing hours during Rugby World Cup) Bill completed its third reading by 99 to 21... More>>

ALSO:

Gordon Campbell: On The Flag Campaign

So far, the public has treated the government’s flag campaign with something between disinterest and disdain. Most New Zealanders have instinctively seen through the marketing hype involved. More>>

Change For 2017: Local Govt To Decide On Easter Sunday Trading

The Government is to enable local communities, through councils, to decide whether retailers can open on Easter Sunday, Workplace Relations and Safety Minister Michael Woodhouse announced. More>>

ALSO:

(And Targets Worse Than Australia's): Foresters Abandoning Emissions Trading Scheme

The Government’s gutting of the Emissions Trading Scheme has caused foresters to leave and emissions to rise, says Labour’s Climate Change spokesperson Megan Woods. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news