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

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

 

Funding boost for Tairāwhiti sawmill

Hon Shane Jones

Minister for Regional Economic Development

Minister of Forestry


7 September 2018

EMBARGOED UNTIL 12PM MEDIA STATEMENT

Funding boost for Tairāwhiti sawmill

The Provincial Growth Fund (PGF) will invest $500,000 in the Far East Saw Mill in Tairāwhiti to increase wood processing capacity and get local people into jobs, Regional Economic Development Minister Shane Jones announced today.

The total cost to recommission the Mill is just over $3.6 million, with the rest of the funding coming from the Eastland Community Trust and the Far East Saw Mill Limited.

“Currently only four per cent of raw logs are milled in Tairāwhiti, but there’s potential for that to increase by up to 25 per cent, which will add an estimated $120 million annually to the region,” Shane Jones said.

“Forestry is a significant economic driver in Tairāwhiti and we want to make sure the region is able to take full advantage of the opportunities the sector provides. Today’s announcement will help ensure that any future increases can be managed locally.

“Funding from the PGF will also help speed up the Mill’s production capacity, which is currently only operating at 10 per cent, while also returning 50 jobs to the local economy.

“This will lead to higher value forestry products being produced and more money going back into the community via pay packets for local workers,” Shane Jones said.

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.

The Far East Saw Mill is a key component of the Wood Processing Centre of Excellence which aims to be a hub for wood processing, wood products, marketing and distribution, and training and research. The Centre received PGF funding earlier this year for the development of a business case.


© Scoop Media

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


Gordon Campbell: On National Spreading Panic About The Economy


The lure for New Zealand to join the AUKUS military alliance is that membership of only its “second pillar” will still (supposedly) give us access to state of the art military technologies. As top US official Kurt Campbell said during his visit to Wellington a year ago:
...We've been gratified by how many countries want to join with us to work with cutting-edge technologies like in the cyber arena, hypersonics, you can go down a long list and it's great to hear that New Zealand is interested...
More


 
 


Government: Retiring Chief Of Navy Thanked For His Service

Defence Minister Judith Collins has thanked the Chief of Navy, Rear Admiral David Proctor, for his service as he retires from the Royal New Zealand Navy after 37 years. Rear Admiral Proctor will retire on 16 May to take up an employment opportunity in Australia... More


Labour: Grant Robertson To Retire From Parliament
Labour List MP and former Deputy Prime Minister and Minister of Finance Grant Robertson will retire from Parliament next month, and later in the year take up the position of Vice Chancellor of the University of Otago... More

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.