The Government is investing $36.8 million into waterfront and visitor projects that will help transform Whakatane and the wider eastern Bay of Plenty region, Regional Economic Development Minister Shane Jones announced today.
The investment in three projects, through the Provincial Growth Fund and the New Zealand Upgrade Programme, will help build the local economy, create hundreds of jobs, attract future investment and unlock tourism and cultural and commercial opportunities across the district.
The investment will support the development of a new commercial boat harbour, revitalisation of the riverfront and town centre, and the development of a new visitor hub and cultural centre.
“These projects are part of the Whakatāne Regeneration Programme jointly developed by Whakatāne District Council and Te Rūnanga o Ngāti Awa to boost their marine and tourism sectors,” Mr Jones said.
I’m particularly pleased to make this announcement of Government support for this town and region following the recent Whaakari/White Island tragedy. We back our regions in times of need.”
The Boat Harbour Development project will receive a $19.6m PGF investment made up of an equity stake loan and grant. The Whakatane Riverfront Revitalisation project will receive a $9.6m loan and the Ngāti Awa Kainga project will receive a $7.6m investment via a Crown equity stake in the development.
“The harbour development will give commercial users in Whakatane better facilities that will increase the economic returns of the wharf as a critical asset for the local community.
“To be situated on a 10.9ha block of Maori freehold land, it will address the need for more berths and offer better protection from the dynamic river environment,” Mr Jones said.
“The Riverfront Revitalisation Programme is a vital part of the overall regeneration programme that seeks to establish a world-class, small town destination.
“It includes a significant upgrade to the riverfront promenade and the remediation and improved accessibility of the existing town wharf.
“The Kainga project will see the Whakatane Army Hall transformed into a visitor hub that will be the focal point for cultural and historical storytelling, retail, and a space for training, meetings and civic events.
“I’m confident these developments will create a sense of vibrancy and optimism in the community, create 453 new direct and indirect jobs by 2030 and provide permanent benefits for the town and the region,” Mr Jones said.
Te Rahui Lands Trust, Ngati Awa Group Holdings Limited, Te Runanga o Ngati Awa and the council are excited for the future ahead.
Ngati Awa Group Holdings Limited (NAGHL) chairman Paul Quinn said the community was still recovering from the impact of the Whakaari tragedy so this announcement was gratefully welcomed.
“This is an important opportunity for NAGHL to work with the trust and the council as we find ways to contribute, lift productivity and participate in the regional economy together,” he says.
Whakatane Mayor Judy Turner said the collaboration represented a defining moment for the region and signalled an incredible opportunity for economic development and transformational uplift across the whole district.
“The benefits of both projects to local business and the community are huge. This is about working in partnership and identifying ways we can realise our long-term aspirations for our people,” she said.
“Whakatane is home to two of the three largest aluminium boat builders in the country. The investment in a new boat harbour will allow us to deliver the fit-for-purpose infrastructure to drive more growth and employment in the marine and tourism sectors.”
“Transforming the town and riverfront areas will increase private sector investment and create a vibrant town centre for our community to enjoy, as well as supporting Whakatane on the journey to become a world-class small-town destination for tourists,” she said.
It is estimated that through these two projects a total of 930 jobs could be created by 2050 with at least 450 of those roles operational in the next decade.
Te Runanga o Ngati Awa chairman Joe Harawira said the Kainga project would provide a physical ‘heart’ to the Whakatane town centre and complement the riverside regeneration aspirations.
“Kainga will promote and celebrate our unique heritage, culture and stories. This new destination will support iwi, wider community, recreational and commercial activities and create a gathering place for manuhiri (visitors) and locals.”
Te Rahui Lands Trust chairman Brian Simpson said the trust would play a lead role in the boat harbour development.
“This is a historical moment for us as we undertake this work in partnership to realise our collective goals,” he said.
“For us, it’s about taking a balanced approach. As kaitiaki we will ensure that the mauri of our whenua and the river will be enhanced by the project while also creating a development that will provide a sustainable solution for the marine sector. The project will deliver intergenerational outcomes for our owners, hapu and the wider Whakatane community.”
This announcement secures funding to key catalytic infrastructure projects that are seen as essential to unlocking the Eastern Bay of Plenty’s economic future, said Mrs Turner.
“It’s an exciting time for the whole Eastern Bay. We are delighted at the opportunity to co-invest with central government to accelerate these investment opportunities and the benefits they will bring to our region,” she says.