The PGF continues its run of announcements
Published: Aug 22, 2019 · Updated: Dec 1, 2020
The week of August 12-16 was yet another busy one for the Provincial Growth Fund with seven ministerial funding announcements totalling nearly $24.5 million.
The biggest announcement for the week was on Tuesday 13 August when the PGF combined with the Regional Culture and Heritage Fund (RCHF) to provide a total of $20 million ($15 million from the PGF and $5 million from the RCHF) to help reopen Rotorua Museum, provide better care for and access to the Museum’s collection of taonga, and create jobs.
Making the announcement Prime Minister Jacinda Ardern said the museum is an iconic New Zealand landmark and New Zealand’s most photographed building.
“It has immense heritage value. The treasures the museum now holds are important for both the region and the whole country. It has been and will be again, a major tourism attraction for the city.”
The week started in Tauranga when the PGF announced funding to help with the construction of Te Tomokanga (The Archway) which is a gateway and welcome hub which will support the Bay of Plenty’s goal of creating 4000 new tourism jobs.
The new hub is expected to drive a 35 per cent increase in cruise ship numbers and thereby increasing the visitor spend in the Bay. Last season, the local economy benefited by about $91 million from the 223,000 cruise ship passengers who visited.
The $5 million multi-purpose facility will receive $980,000 from the PGF.
Regional Development Minister Shane Jones made three funding announcements in the Waikato on Wednesday 14 August:
- $449,300 Te Ara Mahi (the PGF’s skills and employment initiative) grant to an education programme
- $400,000 for Waikato’s Te Waka Waikato Economic Development Agency, and
- over $700,000 for Paeroa’s Historical Maritime Park Marine development project.
The announcement road show than moved on to Northland on Thursday 15 August where the PGF is investing $3.88 million in a range of digital, work and life skills training for young unemployed people.
Collectively these programmes will support over 800 rangatahi and will be funded through the He Poutama Rangatahi (HPR) programme.
And the week ended with an announcement that Kaikohe’s Accelerating Our Capability programme would get $3 million over three years from the Te Ara Mahi allocation. This programme supports Kaikohe locals who are not in education, employment or training.
All in all a great week for the PDU and for New Zealand.