Water investment to unlock land potential
Regional Economic Development Minister Shane Jones and Economic Development Minister David Parker have announced the Provincial Growth Fund (PGF) will invest up to $18.5 million in water storage to unlock land use potential in the Mid North.
“Up to $18.5 million will be invested to help investigate and, if feasible, construct community-scale water storage and use options in Kaipara and Mid North,” Shane Jones said.
“This project is the largest PGF investment to date in water storage. Regional Economic Development Ministers backed the proposal because of the real opportunities that ensuring a more reliable water supply could bring to the region – up to $150m in increased horticulture earnings per year and up to 1150 jobs created.
“The region is vulnerable to droughts and floods, so better access to water will give landowners greater options to utilise their land, develop new markets and maintain and grow a skilled workforce.
“This project is relatively small in scale, compared to proposed water projects in the past, and enjoys wide support from local government. It will alleviate pressure on surface and groundwater resources, and will reduce sedimentation, a key water quality issue for the region, as land use shifts towards horticulture.