Articles tagged with Limited
Ryans Road Industrial Development Approved in Christchurch with 126 Lots
3 days ago | 82 viewsThe Ryans Road Industrial Development in Christchurch, approved through the Fast-track process, will create 126 industrial lots over 57.6 hectares near the airport, supporting infrastructure and generating approximately 755 construction jobs and $259 million in GDP. This project, lodged by Carter Group Limited in April 2025, is the 21st approved under Fast-track and aims to meet demand for industrial land benefiting logistics, warehousing, and manufacturing businesses. Fast-track has approved 21 projects so far, with 44 currently progressing, streamlining infrastructure and housing developments across New Zealand.
Tags: Chris Bishop Carter Group Limited Ryans Road Christchurch Canterbury Harewood Infrastructure Minister Industrial Development Construction SectorAshbourne Project in Waikato Approved for 518 Homes and Solar Farms
2 weeks ago | 180 viewsThe Ashbourne project in Waikato, approved through the Fast-track process, will deliver 518 new homes, a neighborhood center, open spaces with walking and cycling paths, two solar farms, and necessary water infrastructure. The project, submitted by Matamata Development Limited in February 2025, addresses housing demand in the rapidly growing Waikato region but excludes a retirement village and some residential areas on highly productive land due to environmental concerns. This approval marks the 19th Fast-track project, part of a broader initiative facilitating timely infrastructure and housing developments across New Zealand.
Tags: Chris Bishop Mikaela Bossley Clark Matamata Development Limited Ashbourne Waikato Arataki Drury Haldon Solar FarmFast-Tracked Waitaha Hydro Project to Boost West Coast Renewable Energy
3 weeks ago | 254 viewsA fast-tracked 23MW Waitaha Hydro project in the Waitaha Valley, supported by Westpower Limited and Poutini Ngāi Tahu, aims to generate renewable electricity for 12,000 homes and reduce CO₂ emissions by 129,000 tonnes annually, enhancing the West Coast’s energy resilience and lowering high electricity costs. The project, which took about 20 years to progress and received necessary approvals within five months under the Fast-track Approvals Act, is expected to create 71 full-time jobs during its $160-$200 million construction phase. This initiative also contributes to New Zealand’s broader energy system by managing dry-year hydro risks and supporting local economic development.
Tags: Chris Bishop Shane Jones Maureen Pugh Westpower Limited Poutini Ngāi Tahu Waitaha Hydro Department of Conservation Infrastructure Minister Regional Development Minister New ZealandGovernment to Receive $10M Special Dividend from Landcorp Farming in 2025/26
3 weeks ago | 220 viewsThe Government will receive a $10 million special dividend from Landcorp Farming Limited, contributing to a total of $25 million in dividends returned to the Crown for the 2025/26 financial year. This payment reflects Landcorp’s strong financial position, improved operations, and commitment to delivering value for taxpayers, supported by favorable commodity prices and disciplined management. The special dividend follows a $9.5 million capital repayment from Fonterra and is considered a pass-through of this non-operating receipt, separate from Landcorp’s ordinary dividend policy.
Tags: Simeon Brown Landcorp Farming Limited New Zealand Government State Owned Enterprises Fonterra Shareholding Ministers Crown dividends public services commodity prices taxpayer valueFast-Track Approval Granted for Ayrburn Screen Hub Film Village in Queenstown
3 weeks ago | 285 viewsFast-track approval has been granted for the Ayrburn Screen Hub, a 7,200m² film and television production village in Queenstown, expected to inject $280 million into the local economy and support around 370 local jobs annually. The expert panel assessed environmental, cultural, and infrastructural impacts, finding manageable landscape effects and significant regional environmental benefits, including improved water quality. This project is the second in Otago to gain fast-track approval, part of a broader initiative with numerous infrastructure and development projects progressing under the Fast-track Approvals Act.
Tags: Mr Bishop Waterfall Park Developments Limited Ayrburn Screen Hub Queenstown Otago Region New Zealand Mill Creek Lake Hayes Minister for InfrastructureTukituki Water Security Project Begins Pre-Construction in Hawkes Bay with $18M Loan
1 month ago | 313 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 PartnershipGovernment Approves Infrastructure Levy to Build 1,500 New Homes at Te Awa Lakes
1 month ago | 335 viewsThe Government has approved the use of an Infrastructure Funding and Financing (IFF) Act Levy to support the construction of around 1,500 new homes in the Te Awa Lakes development near Hamilton by funding up to $50 million in water and roading infrastructure. The IFF Act enables infrastructure costs to be financed through a Special Purpose Vehicle that charges levies to benefiting homeowners, bypassing local government borrowing constraints and allowing growth to pay for growth. Additionally, the Government is enhancing the IFF Act and supporting developments like Te Awa Lakes with the Greenfield Model to reduce financing costs and promote affordable housing growth.
Tags: Chris Bishop Te Awa Lakes Infrastructure Funding and Financing Act Hamilton City Council New Zealand Government Housing Minister IFF Act Levy Greenfield Model National Infrastructure Funding and Financing Limited Coalition GovernmentRenewed Oil and Gas Prospecting in Canterbury Basin Boosts NZ Energy Outlook
1 month ago | 467 viewsA new prospecting permit application by CBX Energy Limited in the offshore Canterbury Basin reflects renewed confidence in New Zealand’s oil and gas sector, aiming to conduct technical and economic studies for basin development. The Canterbury Basin is a promising but underexplored area with potential hydrocarbons, offering opportunities to enhance domestic energy resources and economic growth. New Zealand Petroleum & Minerals is accepting competing applications until June 24, prioritizing them under the Minerals Programme for Petroleum 2025, with decisions expected later this year.
Tags: Canterbury Basin New Zealand Shane Jones CBX Energy Limited NZP&M petroleum prospecting permit offshore exploration oil and gas Crown Minerals Act 1991 Minerals Programme for Petroleum 2025Fast-Track Approval Granted for New Zealand’s Green Steel Manufacturing Plant
1 month ago | 548 viewsNational Green Steel Limited’s structural steel manufacturing plant in Hampton Downs, Waikato, has been approved through the Fast-track process, aiming to produce 200,000 tonnes of recycled steel annually using low-carbon electric arc furnace technology. The project will reduce steel imports, enable local recycling of scrap metal, create about 200 skilled jobs, and support New Zealand’s infrastructure development by strengthening supply chains. This is the 13th project approved under Fast-track and the first infrastructure project involving steel manufacturing, reflecting industry readiness to invest in sustainable infrastructure solutions.
Tags: Mr Bishop Mr Jones Mr Watts National Green Steel Limited New Zealand Green Steel Hampton Downs Waikato AucklandNew Zealand’s Commitment to Pacific Partnership and Media Connectivity at PCBL 10th Anniversary
1 month ago | 389 viewsThe speech celebrates the 10th anniversary of Pacific Cooperation Broadcasting Limited (PCBL) and emphasizes New Zealand’s strong commitment to the Pacific region through partnership, democratic governance, and regional connectivity. It highlights New Zealand’s efforts in supporting infrastructure, digital transformation, media freedom, and people-to-people connections, including visa cost reductions to enhance travel and collaboration. Amid increasing geopolitical challenges, New Zealand reaffirms its principled support for Pacific sovereignty, regionalism, and the Pacific Way, aiming to foster unity and resilience ahead of hosting the Pacific Islands Forum in 2027.
Tags: Brent Impey Natasha Melesia New Zealand Pacific Cooperation Broadcasting Limited Pacific Islands Forum Kiribati Pasifika TV Pacific Reset Pacific Way Pacific Islands Forum 2027Government Appoints Crown Review Team to Investigate Moa Point Wastewater Failure
1 month ago | 407 viewsThe Government has established the Crown Review Team, led by Raveen Jaduram and supported by legal and engineering experts, to investigate the catastrophic failure at Moa Point wastewater treatment plant and ensure it does not recur. The team will conduct a coordinated investigation for both Wellington City Council and Wellington Water Ltd, delivering interim and final reports by August 2026, with findings expected before the transfer of water assets to Tiaki Wai Limited. Local Government Minister Simon Watts emphasized transparency, coordination with Greater Wellington Regional Council’s regulatory activities, and the public release of findings while managing legal and enforcement risks.
Tags: Simon Watts Raveen Jaduram Helen Atkins Michael Weatherall Garry Macdonald Wellington City Council Wellington Water Ltd Tiaki Wai Limited Greater Wellington Regional Council WatercareSunfield Masterplanned Community Approved: 3,854 Homes Boost Auckland Growth
2 months ago | 374 viewsThe Sunfield Masterplanned Community in Auckland, approved through the Fast-track system, will deliver approximately 3,854 new homes, a town centre, healthcare services, retirement villages, and extensive green spaces, generating up to $3.2 billion for the economy and creating thousands of jobs. The approval process took 10 months, with concerns about infrastructure capacity addressed through development design and consent conditions ensuring growth funds its own infrastructure needs. This project marks the seventh housing development approved via Fast-track, highlighting the system’s effectiveness in accelerating major projects to support housing supply, jobs, and growth in Auckland.
Tags: Shane Jones Sunfield Winton Land Limited Auckland Arataki Homestead Bay Drury Metropolitan Centre Maitahi Village MilldaleNew Crane Dredging Barge to Boost Access and Resilience for NZ’s Small Ports
2 months ago | 409 viewsNew Zealand is investing $8 million through the Coastal Shipping Resilience Fund to co-fund a purpose-built crane dredging barge aimed at improving access to smaller ports that are often cut off during natural disasters. This new, cost-effective equipment will enable timely dredging of regional ports, ensuring essential supplies can be delivered by sea when road and rail links are disrupted. The $12.9 million barge, co-funded by Johnson Bros Limited, will be operational by late 2027 to enhance nationwide resilience and support community recovery.
Tags: James Meager New Zealand Whanganui Port Cyclone Gabrielle Greymouth Ōpōtiki Johnson Bros Limited Coastal Shipping Resilience Fund Northland Transport MinisterNew Zealand Welcomes Second Private Building Consent Authority to Boost Efficiency
2 months ago | 587 viewsNew Zealand has approved its second private Building Consent Authority (BCA), Farsight NZ Limited Partnership, to increase competition and capacity in the building consent system, aiming to reduce paperwork and speed up approvals. Farsight will manage key building control tasks for Summerset, a major residential builder, which will help alleviate pressure on council BCAs and improve consistency in applying the Building Code. All BCAs, including private ones, must meet strict accreditation and legal requirements to ensure strong consumer protections and efficient service delivery.
Tags: Chris Penk Farsight NZ Limited Partnership Building Consent Authority Building Consent Approvals Limited Summerset Ministry of Business Innovation and Employment Kāinga Ora International Accreditation New Zealand Building Code New ZealandNew Chatham Islands Supply Vessel Contract Signed for 2027 Delivery
2 months ago | 377 viewsThe procurement of a new 77-metre supply vessel for the Chatham Islands has reached a key milestone with the signing of a ship delivery agreement, ensuring its completion by the end of 2027 before the current Southern Tiare retires. The vessel, funded partly by a $24.3 million government contribution and contracted to 44 South Shipping Limited Partnership, will enhance freight capacity and service reliability, supporting local sectors like fishing, farming, and tourism. This agreement secures long-term, affordable shipping services between the Chatham Islands and mainland New Zealand, reflecting the government’s commitment to sustaining the remote community’s economic and social needs.
Tags: James Meager Chatham Islands Southern Tiare 44 South Shipping Limited Partnership McCallum Bros Ltd Nova Marine Carriers Associate Transport Minister New Zealand procurement supply vessel