First Regional Infrastructure Fund co-investments confirmed

The first Regional Growth Summit was held in Nelson for Te Tauihu, the top of the South Island.

The first Regional Growth Summit was held in Nelson for Te Tauihu, the top of the South Island.

The RIF, administered by Kānoa – RD, will contribute $101.1 million to 42 consented priority flood resilience projects that will protect valuable land and assets in 11 regions during severe weather.

The 42 approved projects include different types of flood protection and management infrastructure such as stopbanks, pump stations, groynes and culverts. The Government will fund 60 percent of the cost, with the relevant local authority co-investing the balance.

Regional Development Minister Shane Jones made the flood resilience funding announcement at the Regional Growth Summit in Nelson this week, the first in a series of summits he is hosting across the country.

The Nelson summit brought together community and business leaders from across Te Tauihu, the top of the South Island, to discuss the region’s growth and infrastructure priorities and opportunities to partner with the government.

The next Regional Growth Summit will be held in the Waikato on 3 September, followed by Te Tai Tokerau/Northland on 13 September.

Regional Growth Summits in Canterbury, Wairarapa, Kāpiti and Chatham Islands are still being finalised, with dates to be confirmed.

More information about the RIF, including details about eligibility criteria and the application process:

Regional Infrastructure Fund