Government Backs NZ Forestry Innovation with $8M Mass Timber Project Boost

The New Zealand Government, led by Agriculture Minister Todd McClay, is investing $3.2 million in a project to develop prefabricated mass timber modules, aiming to boost forestry sector innovation, onshore processing, and job creation. This initiative supports land use flexibility, sustainable productivity, and shifting supply from export to domestic markets, enhancing value and stability for regional economies. The project will assess technical, economic, and environmental factors to encourage long-term investment and provide data to help farmers and growers innovate and grow their businesses.