News

Northlanders benefit from project investment

Posted on May 08, 2017

Northland Regional Council and Northland Inc are working together to reverse the cycle of under-investment and lead by example through investing directly in projects that deliver real benefits to current and future generations of Northlanders, says GM Investment & Infrastructure, Vaughan Cooper.

The aim is to find new ways to bring investment into the region and create rewarding business and employment opportunities.

Some examples of the type of investments made to date include:

So what does this mean for the region?  The following graph shows the level of investment and the impact of the investment.

In terms of direct project costs – for every dollar we invest we leverage that by 5 i.e. $7M of Investment & Growth Reserve funding resulted in $36M of project values. Where possible, funding supplied is in partnership with others, i.e. the business (you), Central Government and the Investment & Growth Reserve.

In terms of wider economic benefits for the region – for every dollar we invest we are leveraging that by 10 i.e. $7M Investment & Growth Reserve funding has resulted in $72M of wider impact within the Northland economy.  We estimate around 338 jobs will be created as a result of these projects.

If you have a project that needs investment support get in touch with the investment team at Northland Inc.