The establishment of the $1.2 billion Regional Infrastructure Fund is the Coalition Government’s commitment to investing in and improving New Zealand’s regional infrastructure.
The fund delivers on the Government’s promise to address the regional infrastructure deficit. It will help boost the New Zealand economy, increase regional prosperity, and create jobs.
The RIF, $1.2 billion over three years, will be administered by Kānoa – Regional, Economic Development & Investment Unit (Kānoa – RD).
The RIF is primarily a capital fund. Funding support will be provided through a mix of loan and equity investments. Grants will be available only in very limited cases.
The RIF will invest specifically in regional infrastructure, making investments in projects that boost regional growth, resilience, and productivity. This includes building new infrastructure and improving existing structures to benefit regional businesses, organisations, and communities. Good public and private infrastructure is vital for the prosperity of New Zealanders. Through such capital infrastructure investment, business productivity can be raised, and communities can be protected, supported, and enabled to be more resilient.
The RIF is now open for applications.
Eligibility for RIF funding is guided by criteria that align with the overall objective of the fund.
Click here to read the eligibility for the RIF: