The Regional Strategic Partnership Fund

The Government has committed $200 million to invest in regional economic development through the Regional Strategic Partnership Fund (RSPF).

Building on the $4.5 billion invested by Kānoa – Regional Economic Development & Investment Unit (Kānoa – REDIU) in the regions over recent years, the $200 million RSPF will continue to help build their regional economies.

The RSPF aims to support regional economies to be more:

  • productive 
  • resilient 
  • sustainable
  • inclusive; and 
  • Māori enabling.

Identifying funding priorities will be decided by Regional Economic Development Partnerships with Kānoa – REDIU’s support, advice and guidance. 

This partnership approach will help ensure the projects, programmes and initiatives recommended for funding are those identified locally as being critical for encouraging the economic potential of that region.