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Jones expects aquaculture, mining to benefit from new $1.2b RIF

Shane Jones speaks to NBR about the Government’s new $1.2b Regional Infrastructure Fund, hoping to bolster regional resilience and economic growth by through infrastructure development.

WATCH: Regional development minister Shane Jones speaks with Liam Rātana.

Liam Rātana Tue, 05 Dec 2023
Key points
  • What’s at stake: The $1.2b Regional Infrastructure Fund is a government investment to boost resilience and economic growth in New Zealand’s regions.
  • Background: Unlike the previous $3b Provincial Growth Fund, focused mainly on Māori-populated regional areas, the RIF widens its scope to diverse infrastructure projects, playing a crucial role in post-Covid recovery.
  • Key players: Shane Jones, Regional Economic Development Agencies.

In a post-Covid recovery effort, the new Government has launched the Regional Infrastructure Fund (RIF), expanding on the controversial Provincial Growth Fund’s focus to now include diverse infrastructure projects. Minister of Regional Development Shane Jones, overseeing the RIF, assured

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Liam Rātana Tue, 05 Dec 2023
Contact the Writer: liam@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Key points
  • What’s at stake: The $1.2b Regional Infrastructure Fund is a government investment to boost resilience and economic growth in New Zealand’s regions.
  • Background: Unlike the previous $3b Provincial Growth Fund, focused mainly on Māori-populated regional areas, the RIF widens its scope to diverse infrastructure projects, playing a crucial role in post-Covid recovery.
  • Key players: Shane Jones, Regional Economic Development Agencies.
Jones expects aquaculture, mining to benefit from new $1.2b RIF
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