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.
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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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.