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The Provincial Growth Fund (PGF) will provide $17.5 million to help create jobs, address infrastructure deficits, diversify the regional economy and enhance the tourism opportunities that exist in Northland, Regional Economic Development Minister Shane Jones has announced today.

The Provincial Growth Fund (PGF) will invest more than $6 million towards revitalisation of the Whanganui Port and upgrade of the town’s rail line, Regional Economic Development Minister Shane Jones says.

The Provincial Growth Fund (PGF) will invest $8.6 million in Gisborne and Hawke’s Bay to immediately boost tourism and forestry opportunities, Regional Economic Development Minister Shane Jones says.

The new $1 billion per annum Provincial Growth Fund has been officially launched in Gisborne today by Regional Economic Development Minister Shane Jones.