"The development programme is projected to create up to 50 new jobs and up to 100 indirect new jobs in the wider Kaikōura region," he said.
Tabuteau said the Wakatu Quay development will "revitalise the wharves" with the space set to include dining, retail and local cultural elements.
"The purpose of the Wakatu Quay redevelopment will mean visitors can take in the beauty of the surrounding scenes including the Seaward Kaikōura Range," he said.
A further $1 million will investigate future development of South Bay Harbour, which is currently the launching site for the marine eco-tourism operators, commercial fishing sectors and recreational users.
Both projects will be managed by the Kaikōura District Council.