Projects referred for Fast-Track approval will help supercharge the Māori economy and realise the huge potential of Iwi and Māori assets, says Māori Development Minister, Tama Potaka.
The Government has today announced 149 projects that have significant regional or national benefits to be included in the one-stop-shop Fast-Track Approvals Bill when it is reported back to Parliament.
“It’s great to see at least 15 significant Iwi-led or partnered projects among those spanning a variety of industries that will help rebuild the economy, boost renewable energy, grow infrastructure, develop aquaculture and mining, and build homes to fix the housing crisis,” Mr Potaka (pictured) says.
He said today’s announcement reflects the increasing diversification of Iwi and Māori interests.
“While there are housing developments proposed across the motu including the Tainui Group Holdings Ruakura Tūmata development in Hamilton, there are also marine farms by Te Aupouri Fisheries Management Limited and Ngāi Tahu, and a solar farm by the Tauhara North No.2 Trust.”
Various projects are located in rōhe where Māori are a substantial number of the local population, he said.
“Projects will make a big difference in the regions by offering valuable training, employment and business growth opportunities, and creating a pipeline of major projects to boost the economy. I expect Māori-owned SMEs to also benefit from increased economic activity and localised procurement.”
“Iwi and Māori business are making increasingly significant contributions to our economy. Enabling the use and growth of Iwi and Māori assets is essential as we work toward closing the economic delta between Māori and the rest of New Zealand.
“The seven aquaculture and farming projects, for example, can strengthen partnerships with Iwi to boost Māori development with an expected output of up to 143,000 tonnes per annum.
“We’re creating the right conditions for boosting Māori economic growth that will fire-up Aotearoa New Zealand to be a small leading advanced nation with greater equality of opportunity. This will support stronger whānau and stronger communities. Kia kaha tātou,” said the Minister.
