Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 

Tainui Group Holdings Welcomes PGF And HCC Support For Ruakura Link Roads

Tainui Group Holdings (TGH), the commercial investment arm for Waikato-Tainui, has welcomed the Government’s financial support through the Provincial Growth Fund (PGF) for a roads package to activate the Ruakura Inland Port.

The $16.8m grant announced today by Deputy Prime Minister Winston Peters will be matched by $16.8m from TGH and a $5 million contribution from Hamilton City Council (HCC). The investments will collectively fund a new city link to the expressway (Ruakura Road West) and a new port access connection. These roads will connect the Ruakura Inland Port, currently in development, to the new Waikato Expressway, and add much needed roading capacity for the rapidly developing Hamilton East.

Parekawhia McLean, Chair of Te Whakakitenga o Waikato, the tribal governance entity for Waikato-Tainui, acknowledged the Government’s decision to support the roads package through the PGF, describing the grant as the key to activating a development that would benefit all New Zealand.

“This timely investment by the Government, TGH and HCC will bring forward the transformational benefits of Ruakura for the country, our city and our iwi, and play a big part in the economic recovery of the Waikato after Covid-19, with work scheduled to get underway later this year,” says Ms McLean.

TGH Chief Executive Chris Joblin said the package of new roads will help unlock the wider Ruakura precinct and play an enabling role for the regional economy.

“These are key pieces of enabling infrastructure. With this funding confirmed we are now, jointly with HCC, moving ahead to finalise contracts and invite tenders from qualified contractors for construction work on the roads package as soon as the new construction season opens in October this year,” Mr Joblin says.

Ruakura is amongst New Zealand’s largest developments, spanning industrial, commercial, retail and residential development areas totalling 490 hectares.

Located at an emerging ‘sweet spot’ for New Zealand’s supply chain, it will include a 30-hectare inland port, with the first 17-hectare stage now in development by TGH and Port of Tauranga, who announced a 50/50 joint venture earlier this year.

The inland port will be serviced by high-capacity rail and roading infrastructure, with the East Coast main trunk rail line running along the Port’s northern boundary and the new Waikato Expressway on the eastern boundary. Initially, rail services will be provided by the existing MetroPort trains running between Auckland and Tauranga.

The Ruakura precinct is estimated to accommodate 6,000-12,000 jobs once it is fully developed (in around 2061) and will have significant social and economic benefits for Waikato iwi, Hamilton, the region and New Zealand as a whole.

“It’s exciting to take these next concrete steps to bring Ruakura to life and we thank the Government and HCC for their proactive stance towards the roads package as key pieces of enabling infrastructure,” Mr Joblin said.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Why We Shouldn’t Be Pushed Into Re-opening Our Borders


I believe in yesterday as much as Paul McCartney, but it was bemusing to see the amount of media attention lavished last week on the pandemic-related musings by former government science adviser Sir Peter Gluckman, former Prime Minister Helen Clark and former Air New Zealand chairman Rob Fyfe. Unfortunately, the Gluckman paper had no fresh insights to offer as to how and when New Zealand should re-open to visitors from places where the Covid-19 virus rages on, virtually unchecked. Instead, Gluckman and Co posed a string of rhetorical questions – I counted 23 of them in a three page document – presented as if no-one has ever considered such matters before... More>>
 

Isolation: Government And Air NZ Agree To Manage Incoming Bookings

Bookings for seats on Air New Zealand flights into New Zealand will be managed in the short term to ensure the Government is able to safely place New Zealanders arriving home into a managed isolation or quarantine facility, says Housing Minister Megan ... More>>

ALSO:

Government: New Investment Creates Over 2000 Jobs To Clean Up Waterways

A package of 23 projects across the country will clean up waterways and deliver over 2000 jobs Prime Minister Jacinda Ardern and Environment Minister David Parker announced today. The $162 million dollar package will see 22 water clean-up projects ... More>>

ALSO:

Government: David Clark Resigns As Health Minister

The Prime Minister Jacinda Ardern has accepted David Clark’s resignation as Health Minister. More>>

ALSO:

Election 2020: Green Party Unveils Income Policy

The Green Party is today unveiling its Poverty Action Plan, which includes a Guaranteed Minimum Income to ensure people have enough to live with dignity. The scheme resets income support payments to ensure everyone not in full-time paid work gets at least ... More>>

ALSO:


Conservation: New Protection For Dolphins

Extensive new protections are being put in place as part of an updated plan to look after New Zealand’s native Hector’s and Māui dolphins, announced Minister of Fisheries Stuart Nash and Minister of Conservation Eugenie Sage today. More>>

ALSO:

Auckland: Water Consent Referred To Board Of Inquiry

Environment Minister David Parker has today “called in” Auckland’s application to the Waikato Regional Council to take an extra 200 million litres of water a day from the lower reaches of the Waikato River for Auckland drinking water and other municipal uses... More>>

ALSO:




Covid-19 Patient Info Leak: Hamish Walker - A Personal Statement And An Apology

I have spoken to National Party Leader Todd Muller and informed him that I passed to members of the media, by email, information containing Covid-19 patient details that was given to me by a source. I did this to expose the Government’s shortcomings ... More>>

ALSO:

PM: Labour Will Extend Loan Scheme 'lifeline' For Small Business

Labour has announced its plans to extend the Small Business Loan Cashflow Scheme and spend $162 million on a waterway clean-up package. More>>

ALSO:


Biosecurity: Winston Peters On EU Travel: 'We're Not Going To Compromise Our Country's Health'

Foreign Minister Winston Peters says New Zealanders who head to Europe on holiday should pay for their two weeks' hotel quarantine when they return. More>>

Economy: Infrastructure Investment To Create Jobs, Kick-Start COVID Rebuild

A new package of infrastructure investments will help kick-start the post-COVID rebuild by creating more than 20,000 jobs and unlocking more than $5 billion of projects up and down New Zealand. Finance Minister Grant Robertson and Infrastructure Minister ... More>>

ALSO:

Covid-19: Isolation System To Be Beefed Up After Stress

A range of improvements are already underway to address issues identified in the rapid review of the Managed Isolation and Quarantine system released today, Housing Minister Megan Woods said. The review was commissioned just over a week ago to identify ... More>>

ALSO:

Election 2020: Parties Get Into Gear

ACT has today announced its list for the 2020 General Election. “The calibre and experience of our candidates will impress voters of every persuasion. We have candidates from all walks of life. People who have built their homes, families and businesses ... More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels