The Auditor-General’s office says it is not yet certain the public can have confidence that the investments made through the $3bn Provincial Growth Fund’s reset in 2020 represent good value for money.
The government has invested $2.97m into a complete rebuild of the Waikato Rangiriri Pa Trenches complex.
Tourism has been one of the biggest beneficiaries of the $3bn three-year fund.
The Government’s Provincial Growth Fund is providing $527,250 to replace the freshwater system at the Matauri Bay Holiday Park.
Central Hawke’s Bay District Council will receive a $750,000 grant to enhance the Tuki Tuki Cycle and River Trails.
Reefton Distillery Co expansion could see visitor tours grow to four a day, following a $928,000 loan from the Government.
The Government has invested $96.5m towards upgrading 351 marae across the country.
A Provincial Growth Fund grant of $5.5m helped cover the $12.5m cost of the project.
Ruapehu District’s Mountain to Sea cycle trail and South Taranaki’s Patea museum are the latest beneficiaries of the PGF.
The $1.86m expansion project will allow the distillery to host more tourists.
The Government will inject nearly $30m from the Provincial Growth Fund into 11 projects across the Northland region.
The Labour Party has pledged a new $200m Regional Strategic Partnership Fund to replace the $3bn three-year Provincial Growth Fund.
The Government will inject $2.96m from the Provincial Growth Fund into Rangiriri Pā in northern Waikato.
The Government will invest $8.5m to restore a historic reserve at Ruapekapeka Pā in the Far North.
The Government will inject $7.5m into environmental projects in Otago-Southland, Manawatū-Whanganui, Tairāwhiti and Hawke’s Bay.
Businesses in the West Coast and Southland are set to benefit from upgraded communication services with new funding from the Provincial Growth Fund.
The volume and value of applications the PGF had received far exceeded the funding available.
The 70% funding cut raises questions over plans for premium services on the operator’s tourist trains.
The Provincial Growth Fund has created 13,217 jobs, says regional economic development minister Shane Jones.
CEO Greg Miller says plans for luxury services on its tourism trains have had to be revised.
The investment would improve airport terminal congestion problems and provide room for shops and cafés at the airport.
The money is going to projects in Whangarei and the Bay of Islands, including Kawakawa’s vintage railway.
Phase one of a multi-million-dollar investment in Hamilton’s central city river path has begun.
The Taranaki settlement is getting a new visitor centre to house taonga and an exhibition of the Parihaka story.
Rotorua will receive just over $2m in additional funding from the Provincial Growth Fund as part of a raft of new announcements from the Government last week.
Reprioritised funding of $40m from the Provincial Growth Fund will go towards helping workers displaced by the Covid-19 pandemic and 1000 regional apprenticeships.
Four new ‘visitor experience centres’ will be built along the West Coast as part of the Te Ara Pounamu pathways project.
Work is set to begin on a 5.5km section of the Kawatiri Coastal Trail from Westport to Carters Beach.
The new money takes the total invested from the fund into the $33.2m Whangarei project to $18.4m.
Regional economic development minister Shane Jones has redirected $600m of Government investment into shovel-ready projects in a “re-set” of what the Provincial Growth Fund will support.
“The tourist hot-spot has been hard hit by the implications of Covid-19, but having a financial boost like this will mean the whole community can soon be even prouder of this great asset.”
Kāpiti Coast Council is considering putting forward a funding application to the Provincial Growth Fund for the Kāpiti Island Gateway Building.
The funding means work can start immediately on a $4.5m development project.
Northland’s new Manea Footprints of Kupe centre is set to include a memorial to the SS Ventnor and those who were lost when it sank off the Hokianga coast in 1902 after securing a $100,000 investment from the Provincial Growth Fund.
Construction has started on the extension to Whanganui’s Sarjeant Gallery.
Whakatāne’s riverfront redevelopment is one of the beneficiaries of more than $48m in Provincial Growth Fund loans that are being pumped into regional project to help offset the economic impact of the Covid-19 pandemic.
Work will get back under way on more than 60 Provincial Growth Fund projects now that New Zealand has moved into alert level 3, says regional economic development minister Shane Jones.
Eleven hectares of Māori freehold land will be used for the new boat harbour in eastern Bay of Plenty.
The Government’s Provincial Development Unit is seeking projects that can immediately support employment for the repurposed Provincial Growth Fund.
Regional Economic Development Minister Shane Jones is looking at how the Provincial Growth Fund can be repurposed for initiatives deemed more critical to fighting the economic impacts of the Covid-19 outbreak.
The $3bn Provincial Growth Fund is being repurposed to combat the impact of the coronavirus pandemic.
A new health and wellness spa at Rotorua will be built following a $17m funding injection into the region from the Provincial Growth Fund.
Whakatāne and the wider eastern Bay of Plenty region will receive $36.8m of funding from the Government for waterfront and visitor projects.
The first stage of the Taranaki Crossing development in Egmont National Park has begun.
The union representing rail workers says money from the Provincial Growth Fund could ensure the future of rail excursions to Middlemarch.
Taupō Airport and Milford Aerodrome are among the latest beneficiaries of government funding as part of its ongoing regional investment drive.
Northland and West Coast iwi receive almost $1m each from the PGF.
A $1.2m cash injection from the Provincial Growth Fund will be invested in digital connectivity for the West Coast.
The Provincial Growth Fund will invest $4m so that Kaipara District Council can upgrade the Dargaville pontoon
The Rātana Pā near Whanganui now has ultra-fast broadband, in time for annual Rātana celebrations this week.