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.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Spy Update: Appointment Of GCSB Acting Director

GCSB Chief Legal Advisor Lisa Fong will become the Acting Director of the Government Communications Security Bureau (GCSB) from 15 February 2016, Minister Responsible for the GCSB Christopher Finlayson announced today. More>>

Protests Close Roads: TPP Signed In Auckland

“TPP was signed by Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Viet Nam.” More>>

ALSO:

Emails Behind 'Diplomatic Immunity' Case: Whitehead Report Released

“As previously indicated the conclusions reached by Mr Whitehead’s investigation are not unexpected but they are very disappointing,” Mr Mccully says. “At the heart of the matter is a single email, along with procedural shortcomings, which gave Malaysian officials the impression it would be acceptable for Mr Rizalman to return to Malaysia." More>>

ALSO:

Gordon Campbell: On The Treaty/TPP Overlap, And Iowa

The fears about the ISDS provisions in the Trans Pacific Partnership deal are well-founded. The reality is that there is a sharp uptick in the occurrence of ISDS litigation in developed countries, and even the right wing likes of The Economist have been souring on the process for some time. More>>

ALSO:

Christchurch Red Zone Offers: Fresh High Court Proceedings

Grant Cameron, Solicitor for the Quake Outcasts said “the action seeks judicial review of the Crown’s recent decision to make a fresh offer to purchase properties from uninsured property owners in red zones. More>>

ALSO:

PM's Post-Cabinet Press Conference: Waitangi And TPP

Prime Minister John Key on Tuesday said his office has received an invitation for him to visit the Lower Marae on Waitangi Day, but was waiting for a meeting of the Te Tii Marae Trustees. More>>

ALSO:

Flagged: 'Wrong Colour' Bridge Flag To Change

NZ First: Only 13 days after National trumpeted its legally questionable flag on Auckland Harbour Bridge, it is now coming down because it is the wrong colour... “Mr Key’s latest flag fiasco is another waste of taxpayers' money. Given it is coming down, down is exactly the location where it should remain. More>>

ALSO:

School's In: Children Head Back To School

“Across the whole of this year we expect 61,820 five year olds will begin their primary schooling for the first time,” says the Ministry of Education head of sector enablement and support Katrina Casey. More>>

ALSO:

Dog & Lemon: FBI Disagrees With NZ Government Over Police Chases

Multiple studies, quoted by the FBI, show that once suspects realise they're no longer being chased; they tend to slow down to normal driving speeds and therefore become far less of a risk. The FBI report also categorically rejected the argument that abandoning police chases meant ‘giving in’ to offenders. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news