Articles tagged with Provincial Growth Fund

South Taranaki Green Hydrogen Facility Begins Construction with $19.9M Funding

2 weeks ago | 172 views

Construction has begun on a sustainable green hydrogen facility in South Taranaki, supported by a $19.9 million government investment and additional co-funding, with a total project cost of up to $112.3 million. The facility will supply renewable electricity to Ballance Agri-Nutrients' Kapuni site and produce green hydrogen for emissions-free transport, creating around 50 construction jobs and seven permanent roles. This project, a partnership between multiple organizations, aims to boost the regional economy by integrating wind energy, renewable electricity, and zero-carbon hydrogen fuel production at scale.

Tags: Shane Jones Hiringa Energy Parininihi ki Waitōtara Todd Regional Development Minister Ministry of Business Innovation and Employment Provincial Growth Fund South Taranaki New Zealand

Restoring 110 Hectares of Native Forest on Northland’s Kōwhairoa Peninsula

3 weeks ago | 190 views

A restoration project on Northland’s Kōwhairoa Peninsula Historic Reserve aims to reestablish 110 hectares of native forest through planting 132,000 native trees and pest control, supported by $1.54 million in government funding. Led by Te Komanga Marae Trust and guided by ecologist Dr. Adam Forbes, the initiative revives a culturally and ecologically significant site cleared by early settlers, using locally-sourced seeds. The project, launched in 2019 and funded under the Provincial Growth Fund’s One Billion Trees programme, is progressing well and expected to be completed by the end of 2026.

Tags: Shane Jones Roger Kingi Adam Forbes Te Komanga Marae Trust Ngāti Kahu ki Whangaroa Te Uru Rākau Department of Conservation Provincial Growth Fund One Billion Trees Northland

Kaikōura Waterfront Redevelopment Boosts Tourism and Local Economy

2 months ago | 408 views

The completion of Kaikōura’s waterfront redevelopment, including the Wakatu Quay precinct, marks a significant milestone in revitalizing the region’s economy and tourism after the 2016 earthquake. The project features a new marine-inspired building for tourism, hospitality, and cultural events, supported by over $10 million in funding and a partnership between government, local council, iwi, and stakeholders. Constructed within a year by mostly local workers, the redevelopment enhances Kaikōura’s appeal as a destination and is expected to stimulate further private sector growth.

Tags: Kaikōura Shane Jones Wakatu Quay Kaikoura earthquake Regional Development Minister Provincial Growth Fund Kaikoura District Council tourism waterfront redevelopment South Island

Tasman's Port Tarakohe Upgrade Boosts Economy, Aquaculture & Regional Resilience

2 months ago | 281 views

The $12.7 million upgrade of Port Tarakohe in Tasman District has transformed it into the region's only all-tide, all-weather, deep-water port, enhancing economic development and resilience. The improvements, including new wharves and facilities, support the growing aquaculture industry, marine tourism, and provide a crucial alternative route during highway closures. Funded jointly by the government and Tasman District Council, the project is expected to unlock nearly a billion dollars in value over 25 years and ensure vital access to Golden Bay during emergencies.

Tags: Shane Jones Jenny Marcroft Port Tarakohe Tasman District Golden Bay aquaculture infrastructure upgrade Provincial Growth Fund mussel farming Regional Development Minister

Ōpōtiki Harbour Complete: Boosting Bay of Plenty Aquaculture and Jobs Growth

3 months ago | 303 views

The completion of the new Ōpōtiki Harbour, featuring two 350m harbour walls and dredged channels, has created safe access for marine activities and unlocked opportunities for aquaculture and regional economic growth. The project, funded by government and regional councils with significant local collaboration, generated around 200 construction jobs and supports the expanding mussel industry, which employs over 200 full-time staff. This major infrastructure investment aims to boost local incomes and contribute to the government's goal of increasing aquaculture sector sales from $750 million to $3 billion by 2035.

Tags: Shane Jones Ōpōtiki Harbour Bay of Plenty Whakatōhea Mussels Regional Development Minister New Zealand aquaculture Provincial Growth Fund Bay of Plenty Regional Council Ōpōtiki District Council