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Refreshed Toi Moana Bay of Plenty Action Plan announced today

By   /  July 14, 2017  /  Comments Off on Refreshed Toi Moana Bay of Plenty Action Plan announced today

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MIL OSI – Source: New Zealand Ministry of Business Innovation and Employment MBIE – Press Release/Statement

Headline: Refreshed Toi Moana Bay of Plenty Action Plan announced today

A refreshed Toi Moana Bay of Plenty Action Plan was launched at the Bay of Connections forum today in Rotorua.

The refreshed Action Plan will build on 46 completed milestones, with 38 new actions covering nine work stream areas: Agribusiness, aquaculture, education and skills, forestry and wood products, geothermal, horticulture, Māori land use, visitor economy, and water.

Key new actions include the development of Plantech, a new Regional Research Institute in Tauranga, the implementation of regional tourism priorities to support growth of the visitor economy to $2.5 billion by 2030, improvement in Maori Land Utilisation, plus more initiatives from the Tertiary Intentions Leadership Group.

The refreshed Action Plan will continue to build on the Bay of Plenty’s productive and diverse horticulture, aquaculture, forestry and agriculture sector to support the region’s economic growth. The Bay of Plenty produces nearly 80 per cent of New Zealand’s kiwifruit exports, and there are plans to transform 150 hectares of low productivity land into high value kiwifruit orchards.

The Government will provide $8.42 million over five years for a new Regional Research Institute in Tauranga. This will be a new industry-led organisation that will leverage the Bay of Plenty’s strengths to accelerate and commercialise research and innovation.

There will continue to be a focus on maximising infrastructure, with a new set of funding for looking at economic growth through the use of water. This work will provide invaluable information to help ensure the region’s water is responsibly managed for the benefit of key industries, businesses and communities in the area.

The Action Plan is regionally led and delivered by the Bay of Connections. It is supported by central government’s Regional Growth Programme. The programme aims to increase jobs, income and investment in regional New Zealand.

Read more about the Bay of Plenty Regional Growth Programme.

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