April 30, 2020
Cheers for iwi cherry venture
Hineuru Iwi Trust has secured a $4.3 million to develop 14ha at Meanee near Napier to grow and pack cherries.
Regional employer organisation Business Central says the project will allow the trust to employ 25 fulltime workers, and
its employment structure is designed to ensure staff can work through the whole business.
The fund is also investing in the Hawke’s Bay Regional Council’s water storage plans, including $2.5 million for the development phase of a water storage project in Tukituki and $1.7 million for its Heretaunga Plains development,
Other projects confirmed in the latest round of PGF funding are the $10.6 million Raukokore/Waihau Bay community water storage and distribution project that is expected to support up to 900 hectares of high-value horticultural development, and a $5 million whenua Māori loan to the Wai o Kaha Gold JV Ltd Partnership kiwifruit orchard development that will use some of the water.
Wairarapa gets $7 million to improve its community water storage, and Te Waka Pupuri Pūtea Trust has a $3 million loan to develop low-cost water storage on Māori-owned land at Awanui near Kaitāia, which will allow owners to switch their land from dairy support to horticulture.
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