Parliament

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

 

$140m investment in West Coast economy

Rt Hon Jacinda Ardern

Prime Minister

Hon Shane Jones

Minister for Regional Economic Development

29 November 2018
PĀNUI PĀPĀHO

MEDIA STATEMENT
$140m investment in West Coast economy

The Government is investing significantly in the West Coast through the Provincial Growth Fund (PGF) to strengthen the region’s economy and create new jobs with a $140 million investment package announced by Prime Minister Jacinda Ardern today.

The Prime Minister is on the West Coast alongside Regional Economic Development Minister Shane Jones and Agriculture Minister Damien O’Connor to announce the PGF funding.

“This Government is committed to funding regional growth because local jobs and businesses drive resilient, thriving communities and the West Coast has so much potential,” Jacinda Ardern said.

“That’s why the Government is investing $140 million through the Provincial Growth Fund to capitalise on future opportunities for the West Coast.”

Projects announced today include:

• $87.46 million for tourism, ensuring the region’s popular sites and unique environments are protected and offer high-quality experiences for visitors

• $32.8 million for extending ultra-fast broadband and mobile coverage

• $10 million for a garnet mining project at Ruatapu

• $9.9 million for a milk segregation project with Westland Milk Products

“The projects announced today also reflect the priorities of the Tai Poutini Economic Development Strategy and focus on the key sectors already driving the region’s economy, which increases the chances of success,” Shane Jones said.

“This is a significant boost for the West Coast and demonstrates how the Government is partnering with the region to support projects that will build a better future for rangitahi and everyone here,” Shane Jones said.

The full list of projects included in today’s announcement is provided below.

Provincial Rail Upgrade KiwiRail’s world-class TranzAlpine service $40m
Connectivity Improve the region’s ultra-fast broadband and mobile networks $32.8m
Punakaiki Redevelopment Upgrade Punakaiki tourism infrastructure and improve Dolomite Point visitor experience $25.6m
Ruatapu Garnet Project Develop new garnet mine at Ruatapu, near Hokitika (Loan) $10m
Westland Milk Products Segregation Develop milk segregation processes to add value to milk products (Loan) $9.9m
Kawatiri Coastal Trail Create 55km family-friendly walking and cycle trail Charleston to Westport $9.36m
Oparara Arches Improve tourism infrastructure to protect the unique environment and enhance visitor safety $5.7m
Croesus Road Upgrade Croesus Road at Blackball, improving visitors access to Paparoa Track and Pike29 Memorial Trail $3.5m
Punakaiki Resort Wellness Centre Build spa facilities above Punakaiki Resort (Loan) $3.3m
Runanga Miners Hall Restore nationally significant historic building $0.4m
Total $140.46m

ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On What We Could Do For Hong Kong, If Only We Dared

There has been something repulsive about PM Jacinda Ardern’s assurances that our joint 5 Eyes criticism of China’s actions over Hong Kong – and China’s harsh reaction – are all well understood on both sides. According to Ardern, it has been a case of us saying the sort of things we’ve said before, them acknowledging our need to do so, and then them responding much as we would expect them to do. All neat and tidy. Frankly, if all of this is merely virtue signalling on our part, and huffy declarations of independence on their part, then what’s the point of this diplomatic dance..? More>>

 

New Zealand Government: Speech From The Throne

It is my privilege to exercise the prerogative of Her Majesty the Queen and open the 53rd Parliament.
In the October election, New Zealanders elected a majority Government for the first time under our Mixed Member Proportional electoral system... More>>

Grant Robertson: Government To Review Housing Settings

New Zealand’s stronger-than-expected economic performance has flowed through to housing demand, so the Government will review housing settings to improve access to the market, the Finance Minister Grant Robertson announced today. “Our focus More>>

ALSO:

Law Commission: Recommends New DNA Laws For Criminal Investigations

Te Aka Matua o te Ture | Law Commission today released a report that recommends a new, comprehensive regime to control how DNA is obtained, used and retained for criminal investigations. The report has revealed significant gaps in the operation ... More>>

ALSO:


Economy: Crown Accounts Reflect Govt’s Careful Economic Management

The better-than-expected Crown accounts released today show the Government’s careful management of the COVID-19 health crisis was the right approach to support the economy. As expected, the Crown accounts for the year to June 2020 show the operating balance ... More>>

ALSO:

Green Party: Announce Portfolio Reshuffle With Talented And Energised Caucus Team

“The Green Party caucus offers a breadth of talent and energy to the Parliament this term. In ten MPs you have a small business owner, a human rights lawyer, an academic, a climate negotiator, a transport planner, and so much more”, Green Party ... More>>

ALSO:

APEC: New Zealand Ready To Host Virtually

Prime Minister Jacinda Ardern took over the leadership of APEC earlier today, when she joined leaders from the 21 APEC economies virtually for the forum’s final 2020 meeting. “We look forward to hosting a fully virtual APEC 2021 next year. While ... More>>

ALSO:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels