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


$200 million boost to Coromandel economy

Scott Simpson
MP For Coromandel

27 February 2013

$200 million boost to Coromandel economy

Today’s announcement of a $100 million investment by Fonterra in its Waitoa plant is a terrific boost for the regional farming sector and local employment, says Coromandel MP Scott Simpson.

The company plans to construct a new long-life milk processing plant which when fully operational will employ up to 50 staff. Jobs will also be created during construction.

“This is great news for the Waitoa area and the farming community. Not only will this new plant create direct employment, the opportunities for dairy producers are tremendous.

“With the company aiming to double its production of UHF milk over the next few years, new winter supply contracts will be available with attractive milk price premiums. I understand there has already been a high level of interest from farmers,” Mr Simpson said.

The Coromandel MP said today’s news was one of several investments taking place in the Coromandel electorate which would boost the local economy and create jobs.

“The new $100 million retirement village being developed by Summerset Group in Katikati will create around 40 jobs. It is expected to inject around $38 million into the economy during the five-year development period and a further $1.3 million during each year of operation. That is a massive boost for a town the size of Katikati.”

“Encouraging and promoting new investment and job creation are at the core of the Government’s Business Growth Agenda. These two projects together represent an investment of $200 million in the Coromandel electorate. It is heartening to see this sort of confidence and growth happening in our towns and communities,” Mr Simpson said.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Labour: Little Announces New Shadow Cabinet

“Labour had an impressive intake of fresh faces after last year’s election and newest MPs have now had a year to show what they’re made of. This reshuffle rewards hard work and continues my drive to renew our Caucus line up." More>>


Because Reasons: Someone Reckons David Seymour Is Politician Of The Year

Trans Tasman's 11th annual Roll Call has thrown a curve ball this year, ignoring the likes of John Key, Bill English, and Winston Peters to pick its politician of the year from the ranks of the new generation. More>>


Whaling: NZ Deeply Disappointed By Japan's Decision

“New Zealand is strongly opposed to whaling in the Southern Ocean. We call on Japan to take heed of the 2014 International Court of Justice decision and international scientific advice concerning their whaling activities.” More>>


Relevant Consents Gained: Government Unveils RMA Reform Package

The government has formally hauled down the flag on its attempts to alter the balance of environmental and economic priorities in the Resource Management Act, unveiling a 180-page Resource Legislation Amendment Bill containing reforms that have been largely endorsed by most political parties. More>>


Closing Schools And Such: Interim Redcliffs Decision Announced

“While the school’s board has argued that circumstances that could give rise to potential disruption are extremely unlikely, advice from technical experts has shown these concerns cannot be ruled out." More>>


Jane Kelsey: High Court Can’t Make Groser Provide TPPA Information Faster

‘This week we went back to court to challenge Trade Minister Groser’s stalling tactics over the release of information on the Trans-Pacific Partnership Agreement negotiations, following a High Court order that he reconsider the Official Information Act request I made last January’, said University of Auckland law professor Jane Kelsey, first applicant in the case. More>>

Werewolf 58: No Climate For Change

The last time the global community tried to take collective action on climate change the world’s leaders finally came to agree that every not-too-onerous effort should be made to hold global warming to 2°C above the pre-industrial average. At Paris, all 150 participant countries nations will have put forward their pledges... On the information available, New Zealand's is the second weakest contribution of any nation in the developed world. More>>


Lambton Quay Shutdown: Object Was Made To Look Like Bomb

Police cordoned off part of Lambton Quay Wednesday afternoon, saying that a suspicious package had been found. Buildings were evacuated and buses were detoured. The army’s explosive ordnance disposal unit was brought to the Quay. More>>


Public Sector Still Shrinking: Record Low Number Of 'Backroom Bureaucrats'

Ongoing restraint in the public sector and a focus on better frontline services has seen a further reduction in the number of core Government employees, State Services Minister Paula Bennett says. More>>


Get More From Scoop



More RSS  RSS News AlertsNews Alerts
Search Scoop  
Powered by Vodafone
NZ independent news