The projects funded by the Provincial Development Unit will help build the local economy, create hundreds of jobs, attract future investment and unlock tourism, cultural and commercial opportunities. They include: a new commercial boat harbour ($19.6m equity stake, loan and grant from Provincial Growth Fund (PGF)), revitalisation of the riverfront and town centre ($9.6m loan […]

The Boat Harbour Development project will give commercial users in Whakatāne access to better facilities and more berths, thereby increasing economic returns for the local community. Project Manager for Te Rāhui Lands Trust, Dayle Hunia says the development is the result of collaboration between the Trust, industry specialists, Te Rūnanga o Ngāti Awa, Ngāti Awa […]

PGF announced $400,000 for a regional digital hub in Ōpōtiki and visited the Whakatōhea mussel factory site blessing. Construction is about to start on the factory site thanks to a previous $19.85m PGF investment. Digital connectivity is an essential part of doing business while lifting regional productivity, economic development and the wellbeing of communities. The […]

Funding will go to three projects to further develop the Putauaki Trust Industrial Hub, an initiative which will stimulate economic growth throughout the Eastern Bay of Plenty. The development is the result of more than a decade of planning work from Putauaki Trust, council and businesses, and is expected to create at least 150 jobs […]

Funding of $1.1 million from the PGF will help pay for six horticulture career coordinators across New Zealand to increase people capability and fill jobs within the industries. One of those coordinators is Di Holloway who is helping Bay of Plenty’s horticultural industries access the workforce they need to support their growth. Di has experience […]

As part of the NZ Upgrade, $300 million was allocated for regional investment opportunities. The Provincial Development Unit and the New Zealand Transport Agency have worked together to identify which roading improvements are ready to go but required funding. We have announced $88.25 million on a major accelerated road investment plan with construction able to […]

This game-changing project will revitalise the township of Ōpōtiki and the wider Eastern Bay of Plenty, creating hundreds of jobs and unlocking new aquaculture industries. The funding is part of the $12 billion New Zealand Upgrade programme which was announced in January and is possible because of the work of the Provincial Development Unit. Ōpōtiki […]

As part of the $12 billion NZ Upgrade Programme announced by the Government last month, $300 million was allocated for capital projects in regional New Zealand. The first package of regional projects – worth about $190 million – has been announced by Regional Economic Development Minister Shane Jones at an infrastructure seminar today. They include […]

The allocation comes from the $100 million Whenua Māori allocation which enables Māori landowners to access to capital to progress projects which are investment-ready and will ultimately support moves towards higher value land use. This will mean Māori landowners will be able to improve their own wealth as well as create opportunities for their whānau […]

The loan to the small Kawerau-based company, which makes a health tonic using fulvic, will pay for product testing and for the expansion of the plant. Fulvic acid is a natural product which is used as a supplement. New Zealand Fulvic adds it to natural spring water and bottles it for sale. The expansion of […]