Articles tagged with Food Production
Tukituki Water Security Project Begins Pre-Construction in Hawkes Bay with $18M Loan
2 hours ago | 52 viewsThe Tukituki Water Security Project in Hawkes Bay will begin pre-construction work supported by an $18.13 million loan from the Regional Infrastructure Fund to enhance water storage and security. The project aims to enable irrigation of up to 22,000 hectares, create 300 construction jobs, and boost the region’s annual GDP by up to $693 million by supporting horticulture, seed production, and pastoral farming. By storing 104 million cubic meters of water, the facility will address water scarcity in one of New Zealand’s driest regions, promoting long-term economic growth and resilience.
Tags: Mark Patterson Tukituki Water Security Project Hawkes Bay Regional Infrastructure Fund water storage irrigation economic development food production water security Tukituki Water Limited PartnershipInvestNZ Launches Strategic Growth Areas and Investment Prospectuses for NZ
4 months ago | 415 viewsTrade and Investment Minister Todd McClay announced the launch of Invest New Zealand, an agency focused on attracting significant foreign investment to boost the economy by targeting projects from $20 million to $1 billion and advising on supportive policies. InvestNZ will prioritize six strategic growth areas, including renewable energy, technology, and advanced manufacturing, while acting as a bridge between local investors and high-value opportunities. Additionally, three investment prospectuses for Tourism, Wood Processing, and Innovative Food Production were introduced to showcase New Zealand's competitive sectors and attract global investors.
Tags: Todd McClay Invest New Zealand Foreign Direct Investment InvestNZ Active Investor Plus Auckland Business Chamber Tourism Wood Processing Innovative Food Production New Zealand economyEnhancing Investment Links Between New Zealand and Saudi Arabia for Mutual Growth
6 months ago | 684 viewsMinister Todd McClay met with Saudi Arabia’s Minister of Investment to enhance investment ties between the two countries, leveraging Saudi Arabia’s Vision 2030 reform agenda. The meeting follows the New Zealand-Gulf Cooperation Council Free Trade Agreement and aims to boost trade and investment cooperation, focusing on key growth sectors like renewable energy and tourism. Both ministers agreed to establish a Cooperation Framework Agreement to facilitate investment opportunities and strengthen collaboration between the two countries.
Tags: Minister for Trade Investment Todd McClay Saudi Arabia Vision 2030 New Zealand Gulf Cooperation Council renewable energy cleantech advanced food production