Recent news and announcements from Kānoa – Regional Economic Development & Investment Unit.
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Three more regional airlines receive loans
Three more regional airlines will receive Regional Infrastructure Fund (RIF) loans from the $30 million ear-marked to help support at-risk regional air routes and safeguard essential services.
28 April, 2026
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Port Nelson upgrades to buoy local economy
The completion of major works at Port Nelson with funding support from government will strengthen the region’s ability to service medium to large vessels and support long-term regional economic growth.
20 April, 2026
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New name, same superhot kaupapa (purpose)
New Zealand’s pioneering superhot geothermal undertaking, formerly known as the New Zealand Supercritical Geothermal Project, is now ‘GeoShot NZ’.
20 April, 2026
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Water project for boosting food production
A loan of up to $18.13 million from the Regional Infrastructure Fund (RIF) is supporting the Tukituki Water Security Project in Hawke’s Bay with the aim of boosting food production and creating jobs.
7 April, 2026
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Mystery Creek water network to be upgraded
Water infrastructure at Mystery Creek Events Centre near Hamilton – home of the country’s premier agricultural event, National Fieldays – is being upgraded with the help of a Regional Infrastructure Fund loan of $1.35 million.
2 April, 2026
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Geothermal receives support from the RIF
A $50 million allocation has been set aside from the Regional Infrastructure Fund (RIF) for geothermal projects, helping unlock new renewable energy, jobs and regional resilience.
26 March, 2026
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RIF to strengthen Hamilton Airport’s resilience
A loan from the Regional Infrastructure Fund (RIF) will support the extension of Hamilton Airport’s runway, increasing its capacity to support a wider range of aircraft and strengthen the resilience of the national aviation network during emergencies.
26 March, 2026
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Masterton's Hood Aerodrome upgrade complete
Masterton’s Hood Aerodrome has completed a major upgrade of its airfield infrastructure, improving safety and strengthening its ability to support the region’s economy, with a $10 million government grant from the COVID-19 Response Recovery Fund.
23 March, 2026
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Superhot geothermal preferred contractor named
New Zealand firm Todd Energy has been selected as the preferred lead contractor to drill New Zealand’s first exploratory superdeep, superhot geothermal well, which – if successful – could bring about a step change in New Zealand’s energy supply.
11 March, 2026
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Gas Security Fund expert panel appointed
Gas and energy industry specialist Andy Knight is to chair a panel appointed to provide expert advice to the Government on applications to the Gas Security Fund.
4 March, 2026