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What will be in the government's new regional development fund?

Author
Newstalk ZB,
Publish Date
Fri, 31 May 2024, 6:11pm
Shane Jones. (Photo / NZ Herald)
Shane Jones. (Photo / NZ Herald)

What will be in the government's new regional development fund?

Author
Newstalk ZB,
Publish Date
Fri, 31 May 2024, 6:11pm

There's another $1.2 billion for the Regional Infrastructure Fund - to support regional economies. 

It’s also allocating $2.7-billion package for roads, rail and public transport. The package includes a billion-dollars to speed up Roads of National Significance construction, 940-million to repair weather-damaged roads and an investment in rail networks. 

Regional Development Minister Shane Jones told Heather du Plessis-Allan this will be different from the Provincial Growth Fund. 

Jones says “We’re driven by common sense.” 

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