Home What we do Who we are Where we are; Contact us Projects Who we work with Interests and concerns Links Christchurch Water Infrastructure Publications and presentations Water Information World Water Day 2016

NZ Government Financial Support for Irrigation

In addition to the pre-Budget announcements on a National Policy Statement for Freshwater Management and a pollution clean-up fund [see below, 18 May] an announcement was made on 9 May by the Minister for Agriculture, David Carter, on “Lifting investment in irrigation”.  A new Irrigation Acceleration Fund will provide M$35 over five years to “support the development of irrigation infrastructure proposals to the ‘investment-ready’ prospectus stage”.  Also announced was an ‘intention to consider’, in a future budget, Crown equity investment up to M$400 from 2013/14 in construction of regional-scale schemes, some involving storage. The Government intention is to “give confidence” to capital markets to invest in such schemes.
Source: http://www.beehive.govt.nz/release/budget-2011-lifting-investment-irrigation