Mr Key said that use of the cycle trails by international and domestic visitors has seen significant growth.
"More than 125,000 people got in the saddle to use the cycle trail in January 2015, compared to 97,000 in January 2014."
The Government has invested a total of just under $2 million in the fund so far to maintain and further enhance the trails that are used by thousands of people every day.
The 10 projects to receive funding in this funding round are:
· Waikato River Trails Charitable Trust $53,400
· Hauraki Rail Trail Charitable Trust $39,904
· Central Otago Clutha Trails Limited $19,716
· Mokihinui-Lyell Backcountry Trust $29,514
· Hawke's Bay Regional Council $23,220
· Ruapehu District Council - two grants of $15,000 and $40,000
· Wellington Regional Economic Development Agency $229,600
· Wanganui District Council $36,243
· Westland District Council $42,750
The next funding round will be in February 2016.