A109 Light Utility Helicopter flight with mayor Gisborne City from the air in November 2023.
A109 Light Utility Helicopter flight with mayor Gisborne City from the air in November 2023.
A Gisborne company and a Wairoa business will receive $7.5 million in loans from newly announced government investment of $24 million aimed at boosting regional businesses across the country.
Judds Ltd will receive a $4 million loan from the Regional Strategic Partnership Fund to help build a fit-for-purpose static aerationfacility to allow their existing composting operation to take in other waste streams from, in and near Gisborne, which are otherwise being landfilled.
Ngāti Pāhauwera Commercial Development Limited will receive a $3.5m loan to develop the initial phase of a 60-hectare orchard near Wairoa for horticulture.
Development Minister and East Coast MP Kiri Allan said the fund showed the government was continuing to invest in regional economies with the $24 million of investment going into 10 diverse projects.
“Our regions are the backbone of our economy and the announcement continues to build on the Government’s investment to boost regional economic resilience and set up our communities so they can continue to thrive in the future.
“Through a mix of grants and loans, we’re investing in projects that will enable our regional businesses to continue to grow.
“From innovative crop farming to training projects, orchard development to sporting facility revamps, these investments will help accelerate business developments and advance work and training opportunities, adding to the vibrancy and appeal of our regions,” said Ms Allan.
