in fn
Wednesday , November 22 2017

Huge response to Tourism Infrastructure Fund

The first round of the new $100 million Tourism Infrastructure Fund has attracted 43 eligible applications, according to tourism minister Paula Bennett.

“We received 39 eligible applications from 29 councils for infrastructure projects that will help communities with growing visitor numbers. The cost of the proposed projects would be $35 million overall, with councils seeking a total of $17.8 million from the Tourism Infrastructure Fund,” said Mrs Bennett.

“We also had four applications from three councils for $70,000 in funding for feasibility studies with a total cost of $130,000. This shows that while demand is there, our initial $100 million investment looks about right for what is needed.

“We will work with councils to support communities with high visitor numbers but low ratepayer bases so they can really benefit from the growth New Zealand is seeing in the tourism sector. Tourism employs 188,000 people in New Zealand and we want to see that continue to grow.”

Councils were invited in August to apply for co-funding to develop visitor-related public infrastructure such as carparks, freedom camping facilities and sewerage and water works.

The fund’s panel will now make their assessment and recommend a package of infrastructure projects that best aligns with the Government’s priorities for the fund.

About accomnewsnz

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

NZ appealing to Australian conference organisers

The regional familiarisation programmes have been designed to promote New Zealand’s business events industry...

Sneak peak: Asia Pacific hotel pipeline for October

STR’s October 2017 Pipeline Report shows 641,454 rooms in 2,917 hotel projects Under Contract in the Asia Pacific region. The total represents a 7.8 percent increase in rooms Under Contract compared with October 2016.