Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

$10.98 million of PGF funding announced

Kaikōura’s bright future received a $10.98 million endorsement from the Provincial Growth Fund today at Kaikōura District Council.

The funding is for two projects, $9,880,000 for redeveloping Wakatu Quay into a mixed use commercial, retail and hospitality area and $1,100,000 for a business case for developing the harbour at South Bay.

The $9.8million grant for the development of Wakutu Quay offers a unique opportunity to develop a commercial, retail and hospitality precinct in an iconic environment. It lines Kaikōura up to deliver exceptional visitor experiences and to take a big step towards diversifying employment opportunities and providing a year round venue for recreation and business.

The harbour is a cornerstone of local infrastructure. The grant of the $1.1 m for a detailed business case for further development is a major step forward in making sure Kaikoura is building for the future.

The announcement is the result of 18 months of collaboration between Council, Te Rūnanga o Kaikōura, community and stakeholders, made possible by government support.

The funding grew out of community and stakeholder led thinking around a marine development programme the goal of which was to develop Kaikōura’s marine sectors over 10 to 15 years.

“This is an exciting and significant endorsement of Kaikōura’s recovery and its bright future,” Kaikōura Mayor Craig Mackle said, adding “to me, this place is paradise and our future looks better today than it ever has.”

Over the next few months Council will be working with Te Runanga o Kaikoura, stakeholders and the community to bring these projects to life.


Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On The US Opposition To Mortgage Interest Deductibility For Landlords


Should landlords be able to deduct the interest on the loans they take out to bankroll their property speculation? The US Senate Budget Committee and Bloomberg News don't think this is a good idea, for reasons set out below. Regardless, our coalition government has been burning through a ton of political capital by giving landlords a huge $2.9 billion tax break via interest deductibility, while still preaching the need for austerity to the disabled, and to everyone else...
More


 
 

Government: Concerns Conveyed To China Over Cyber Activity
Foreign Minister Winston Peters has confirmed New Zealand’s concerns about cyber activity have been conveyed directly to the Chinese Government. “The Prime Minister and Minister Collins have expressed concerns today about malicious cyber activity... More

ALSO:


Government: GDP Decline Reinforces Government’s Fiscal Plan

Declining GDP for the December quarter reinforces the importance of restoring fiscal discipline to public spending and driving more economic growth, Finance Minister Nicola Willis says... More

ALSO:


Government: Humanitarian Support For Gaza & West Bank

Winston Peters has announced NZ is providing a further $5M to respond to the extreme humanitarian need in Gaza and the West Bank. “The impact of the Israel-Hamas conflict on civilians is absolutely appalling," he said... More


Government: New High Court Judge Appointed

Judith Collins has announced the appointment of Wellington Barrister Jason Scott McHerron as a High Court Judge. Justice McHerron graduated from the University of Otago with a BA in English Literature in 1994 and an LLB in 1996... More

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.