15th June 2018 PGF / RAL
The financing for RAL will go towards the building of a new $25m high-speed gondola on Whakapapa ski field.
A major new Taranaki tourism initiative is set to get off the ground following the latest deployment from the government’s $1bn Provincial Growth Fund.
Bay of Islands Airport at Kerikeri is to receive $1.7m from the $1bn Provincial Growth Fund to help with an upgrade of its terminal.
The newly launched $1bn Provincial Growth Fund is a real “shot in the arm” for the regions being targeted, says the Tourism Export Council NZ.
Regional tourism leaders have welcomed the government’s investment in developing new products and expect more to come from the $1bn Provincial Growth Fund in further rounds.
Tourism in Northland, Tairāwhiti-East Coast, Hawke’s Bay, Manawatū-Whanganui and the West Coast will be among the first beneficiaries of the first deployment from the $1bn Provincial Growth Fund.