More investment in New Zealand businesses is Labour's announced goal in a policy released today.

It's modelling the Future Fund off the existing Super Fund, to be seeded with $200 million in Crown money and existing assets.

It'll invest solely in local projects. 

Labour leader Chris Hipkins says this project is designed to create jobs and keep more wealth here at home.

"We're focused on long-term investments, we own all of those existing public assets for a reason."

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