The Government's put forward a large chunk of money to help drive Maori growth
The Government's put forward a large chunk of money to help drive Maori growth
4 February 2019
It's announced 100-million dollars towards supporting Maori land owners.
A further 27-million dollars has also been earmarked to strengthen Kaipara's transport infrastructure and horticulture sector.
The funding announcement will enable Maori to access the capital required to progress projects for investment and support moves towards higher-value land use.
Regional Development Minister Shane Jones says banks continue to put collective indigenous land ownership in the "too hard basket."
He says unfortunately banks have become more concerned with meeting the demands of more conventional models of finance, and have walked away from it.
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