Articles tagged with Regional Infrastructure Fund
New Zealand Launches Strategic Diesel Reserve with Refurbished Marsden Point Tanks
5 days ago | 105 viewsTwo refurbished tanks at Northland’s Marsden Point are now operational to store New Zealand’s strategic diesel supply, following a $21.6 million government investment to enhance fuel resilience amid global uncertainties. Z Energy was selected to supply and manage the 90 million litre diesel reserve, with the Crown controlling its release to ensure national security without affecting Z Energy’s stockholding obligations. The first diesel shipment has arrived, with the second expected soon, and fuel stock reporting will resume its regular weekly schedule as global conditions stabilize.
Tags: Nicola Willis Shane Jones Christopher Luxon Rob Buchanan Z Energy Marsden Point New Zealand Channel Infrastructure Regional Infrastructure Fund MBIEGovernment Funds $50M for West Coast Critical Minerals Processing Projects
6 days ago | 129 viewsThe New Zealand Government is funding two critical minerals processing projects on the West Coast through the Regional Infrastructure Fund, allocating up to $50 million to Tāiko Critical Minerals and Westland Mineral Sands. These projects aim to add value to exported minerals like titanium, zirconium, and rare earths by establishing domestic processing facilities, creating skilled jobs, and strengthening regional and national economies. The investments support long-term economic activity and contribute to a secure, diversified critical minerals supply chain essential for modern technologies and clean energy systems.
Tags: Shane Jones Tāiko Critical Minerals Westland Mineral Sands Regional Infrastructure Fund critical minerals New Zealand mineral processing titanium zirconium monaziteGovernment Approves $22.4M Funding for Te Utanganui Freight Rail Hub in PN
1 week ago | 205 viewsThe Government has approved up to $22.4 million to support the rail component of Te Utanganui, a major intermodal freight hub in Palmerston North linking rail, road, air, and sea. This funding, delivered in stages, will aid pre-construction and construction of the Bunnythorpe Regional Freight Hub, aiming to improve supply chain efficiency, drive economic growth, and create hundreds of jobs. The project, led by local agencies and supported by government investment, seeks to unlock industrial land, build resilience, and attract private sector co-investment to boost the lower North Island's logistics and manufacturing sectors.
Tags: Winston Peters Shane Jones Te Utanganui Bunnythorpe Regional Freight Hub Manawatū Central Economic Development Agency KiwiRail Regional Infrastructure Fund Palmerston North New Zealand GovernmentNew Ngāmotu Marae in New Plymouth to Boost Culture, Community, and Resilience
2 weeks ago | 152 viewsThe New Zealand Government is investing up to $8.6 million to establish Ngāmotu Marae in central New Plymouth, providing Ngāti Te Whiti with a long overdue home and serving as a cultural, social, and economic hub for the wider community. The marae will feature facilities like a wharenui and wharekai, doubling as an emergency lifeline offering food, shelter, and essential services during crises. With a total cost of $17.8 million and multiple co-funders, the project aims to support jobs during construction and foster long-term cultural tourism, local enterprise, and community development.
Tags: Ngāti Te Whiti Shane Jones Tama Potaka Ngāmotu Marae New Plymouth Moturoa Regional Infrastructure Fund Toi Foundation Ngāti Te Whiti Whenua Tōpu Trust Māori DevelopmentNew Zealand Advances GeoShot NZ Project to Drill First Superhot Geothermal Well
1 month ago | 331 viewsThe GeoShot NZ project aims to drill New Zealand’s first superhot geothermal well at the Rotokawa Geothermal Field, with government funding of $55 million approved for pre-drilling and exploratory activities. The initiative involves expert partners and advanced technology to harness superhot fluids at depths of 4–5 km, offering significantly more energy than conventional wells and enhancing national energy resilience. This pioneering effort, supported by international collaboration, seeks to establish New Zealand as a leader in clean, high-capacity geothermal energy for long-term regional and national benefits.
Tags: Shane Jones Mercury NZ Todd Energy Tauhara North No. 2 Trust Ministry of Business Innovation and Employment GeoShot NZ Regional Infrastructure Fund Rotokawa Geothermal Field Iceland New ZealandGovernment Completes Recommissioning of 93M Litres Diesel Storage at Marsden Point
1 month ago | 281 viewsThe Government has completed the recommissioning of 93 million litres of diesel storage capacity at Marsden Point to store newly purchased diesel reserves. Two shipments, arriving soon and in July, will provide about nine days’ average diesel consumption to safeguard New Zealand’s fuel supply amid global uncertainties. Funded by $21.6 million from the Regional Infrastructure Fund, this measure aims to maintain economic stability despite ongoing Middle East conflicts affecting fuel supply and prices.
Tags: Marsden Point Northland Channel Infrastructure NZ Nicola Willis Shane Jones diesel storage New Zealand Regional Infrastructure Fund fuel supply Middle East conflictNew Zealand’s Diesel Reserve Shipment En Route to Marsden Point for Fuel Security
1 month ago | 345 viewsNew Zealand is receiving two shipments of diesel reserve, with the first arriving mid-June and the second expected in early July, providing around nine days of typical diesel consumption. The government is refurbishing tanks at Marsden Point, funded by $21.6 million from the Regional Infrastructure Fund, to store the fuel, which will be controlled by the Crown and managed by Z Energy. Finance Minister Nicola Willis emphasizes that this reserve enhances the country's fuel security and resilience against potential supply disruptions.
Tags: Nicola Willis Shane Jones New Zealand Marsden Point diesel reserve Channel Infrastructure Z Energy Regional Infrastructure Fund fuel security crude oil tanksStewart Island Solar Project Begins to Cut Diesel Use and Lower Power Costs
1 month ago | 423 viewsConstruction has begun on a government-backed solar energy project on Stewart Island/Rakiura to reduce reliance on diesel-generated electricity and lower power prices. Funded by a $15.35 million loan from the Regional Infrastructure Fund, the project includes a solar farm, battery system, network upgrades, and smart meters, aiming to cut diesel use by up to 75% and reduce electricity costs by up to 35 cents per kilowatt hour. Expected to be completed by early 2027, the initiative will create around 40 construction jobs and provide long-term economic benefits to local industries.
Tags: Shane Jones Mark Patterson Stewart Island Southland District Council Regional Infrastructure Fund Stewart Island Electricity Supply Authority solar energy diesel generators energy resilience power pricesMajor $18M Flood Resilience Upgrade Underway in Mataura to Protect Southland Communities
2 months ago | 541 viewsWork has begun on a major $18 million flood resilience upgrade for the Mataura River in Southland, supported by a $10.8 million government loan and $7.2 million from Environment Southland, aiming to protect over 7,000 people, 1,500 hectares of land, and key infrastructure. The project includes building and strengthening stopbanks, rock walls, and riverbed gravel works to reduce flood risks to Mataura and Gore, areas historically affected by severe flooding. Since the launch of the Regional Infrastructure Fund, $18.5 million has been allocated to Southland for five flood resilience projects to safeguard communities and boost regional prosperity.
Tags: Mark Patterson Mataura River Regional Infrastructure Fund Environment Southland Mataura Gore Ōreti River Aparima Catchment Te Anau Basin InvercargillGovernment Grants $22 Million to Support New Zealand Regional Airlines and Connectivity
2 months ago | 499 viewsThree regional airlines—Air Chathams, Sounds Air, and Island Air—will receive loans from the $30 million Regional Infrastructure Fund to refinance debt, upgrade fleets, and maintain essential air services connecting remote communities. Regional Development Minister Shane Jones and Associate Transport Minister James Meager emphasize the importance of these airlines for regional connectivity, economic wellbeing, and access to healthcare, especially amid pressures from rising fuel costs and global uncertainties. The government is also considering temporarily adjusting loan conditions to support airlines further and continues to assess additional funding applications.
Tags: Shane Jones James Meager Air Chathams Sounds Air Island Air Golden Bay Air Kānoa Regional Development Regional Infrastructure Fund New ZealandPort Nelson Marina Upgrade Boosts Marine Services with New Hardstand and Boat Hoist
2 months ago | 537 viewsThe opening of the new hardstand and 550-tonne mobile boat hoist at Port Nelson enhances the region’s marine servicing capacity by allowing larger vessels to be serviced separately from smaller ones. Funded by a $9.8 million Crown equity investment and contributions from local councils, the Calwell facility now supports vessels from 50 to 2400 tonnes and strengthens Nelson’s marine industry, preserving jobs and skills. Additionally, a $12.89 million loan will fund a neighbouring marina upgrade to increase hardstand capacity and install a 110-tonne hoist, with construction starting in May.
Tags: Shane Jones Port Nelson Calwell Marine Maintenance Nelson Marina Tasman District Council Nelson City Council Regional Development Minister Regional Infrastructure Fund marine servicing boat hoistTukituki Water Security Project Begins Pre-Construction in Hawkes Bay with $18M Loan
3 months ago | 679 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 PartnershipNew Zealand Boosts Diesel Storage by 90 Million Litres at Marsden Point
3 months ago | 675 viewsThe New Zealand Government will invest up to $21.6 million from the Regional Infrastructure Fund to support Channel Infrastructure NZ Ltd in increasing diesel storage capacity by 90 million litres at Marsden Point, enhancing fuel resilience amid global supply disruptions. The project aims to recommission storage tanks within two months to secure diesel supplies beyond the current secure period until the end of May. This initiative addresses the critical need for large-scale fuel storage, particularly for diesel, which is vital to the economy, and work is set to begin imminently with close government oversight.
Tags: Shane Jones Channel Infrastructure Marsden Point Regional Infrastructure Fund New Zealand Government diesel storage fuel resilience Regional Development Minister Middle East conflict New Zealand fuel supplies$1.35M Upgrade Boosts Water Infrastructure at Mystery Creek for Fieldays
3 months ago | 601 viewsMystery Creek near Hamilton is upgrading its over-50-year-old water infrastructure with a $1.35 million Regional Infrastructure Fund loan to increase water storage and support growing visitor numbers. The site hosts National Fieldays, attracting over 110,000 visitors and generating significant economic impact, as well as more than 100 other events annually, and serves as a critical Civil Defence logistics hub. The project includes replacing the water network, installing a 600,000-litre tank, creating up to seven jobs, and aims to enhance safety, accessibility, and resilience ahead of this year’s Fieldays.
Tags: Mystery Creek Hamilton Shane Jones Mark Patterson Regional Infrastructure Fund National Fieldays Waikato New Zealand water infrastructure Civil DefenceHamilton Airport Runway Extension Boosted by $6.5M Loan for Growth and Resilience
3 months ago | 947 viewsHamilton Airport will receive a $6.5 million loan from the Regional Infrastructure Fund to extend its runway by 255 meters, enhancing its capacity and resilience as a key hub for domestic and international freight and passenger transport. The upgrade, including apron expansion and lighting improvements, supports Waikato’s major manufacturers and exporters and provides an alternative airport option during disruptions at other North Island airports. The project, led by Waikato Regional Airport Ltd with a $3.3 million contribution, is expected to create up to 39 local jobs and strengthen New Zealand’s national aviation network.
Tags: Hamilton Airport runway extension Regional Infrastructure Fund Shane Jones Waikato national aviation network Regional Development Minister Waikato Regional Airport Ltd Coalition Government airport construction jobs