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COVID-recovery Infrastructure Investment Will Support Central New Zealand


Today’s infrastructure investment announcement from the
Government will see Central New Zealand receive $625 million
in the first tranche of targeted funding.

The
investment package includes about $210 million for climate
resilience and flood protection projects, $155 million for
transformative energy projects, about $180 million for
large-scale construction projects and $50 million for
enhanced regional digital connectivity.

Funds have
been allocated for yet-to-be announced projects, however the
figures show that the Central region will benefit, says
Business Central.

“With the Hawke’s Bay receiving
$130 million, Taranaki $85 million, Manawatū/Whanganui $140
million, top of the South $85 million, and Wellington Region
$185 million, we’re now eager to see the details,” says
John Milford, Chief Executive Business
Central.

“It’s imperative that the recovery
investment generates employment opportunities, supports
businesses, and leads to better connectivity and wellbeing
for all New Zealanders.

“We await the details of the
project announcements over the coming days and what they may
mean for the local business communities.”

Of the
projects announced this morning, four are in the Central New
Zealand region. Gisborne’s Rugby Park grandstand will be
replaced with an $8 million investment, Hawke’s Bay has
$20 million to build an offsite port as part of the Whakatu
Inland Port project, $37 million will be allocated to
Taranaki for a wastewater thermal drying facility, and
Wellington’s District Court will have a $14 million
refurbish.

© Scoop Media

 



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