Nelson Marina Expansion Secures $12.89M Loan to Boost Economy and Jobs
Nelson Marina has received a $12.89 million loan from the Regional Infrastructure Fund to expand its facilities, including installing a 110-tonne vessel hoist and increasing hardstand capacity from 14 to 54 bays. The project, co-funded by Nelson Marina Management Ltd with a matching $12.89 million, aims to create up to 110 construction jobs and 180 ongoing roles, boosting the region's $350 million blue economy. Construction is set to begin in May and is expected to be completed by mid-2028, supporting the government's goal of regional economic growth through improved infrastructure.