PGF expands Sugarloaf Wharf in Thames-Coromandel
Published: Jun 12, 2020
- News and announcements
The Provincial Growth Fund (PGF) has made a $19.95 million investment that will expand Sugarloaf Wharf in Thames-Coromandel, increase mussel farming capacity by almost 20,000 tonnes and bring additional jobs to the region.
Sugarloaf Wharf already handles 90 per cent of the North Island’s mussel production.
The PGF funding will result in an extended, raised wharf platform to account for rising sea levels, with four new berths to allow for increased commercial activity and a separate facility for launching recreational boats.
The new wharf, Te Ariki Tahi Sugarloaf, will accommodate up to 42,000 tonnes of mussels a year to meet increased demand from recently granted consents that have extended mussel farming space in the Hauraki Gulf by 775 hectares.
Providing a dedicated recreational boating facility will also bring more visitors to the region and grow exciting new opportunities such as charter fishing, which has long been popular in the Gulf.
Construction will generate around 25 new jobs. Long-term, the new wharf will enable an estimated 170 new jobs in the marine farming sector, while supporting the employment of over 800 people in the North Island’s aquaculture industry.
The investment was made possible by the collaboration between the Coromandel Marine Farmers Association, Thames Coromandel District Council, Pare Hauraki iwi and Waikato Regional Council.
The investment is closely aligned with the Government’s strategy to grow the aquaculture industry to $3 billion by 2035.