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Government Invests $15.5M in Bay of Plenty Marina and Geothermal Projects

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The Government is investing $12.5 million through the Regional Infrastructure Fund to develop Ōpōtiki Marina, supporting aquaculture growth and creating up to 87 construction jobs. Additionally, a $3 million grant will fund the Gas to Geoheat – Tauranga Geothermal System Project, exploring geothermal energy potential to support future renewable energy initiatives and create 15-20 jobs. These investments aim to unlock the Bay of Plenty’s natural resource potential, boost regional economic growth, job creation, and energy security.

Tags: Shane Jones Bay of Plenty Ōpōtiki Marina Regional Infrastructure Fund aquaculture GeoExchange NZ Limited Tauranga Geothermal System geothermal energy Te Kaha Mount Maunganui