Dredging Today15 Jul 2026Clients
Automatically composed with AI from the cited sources
The Regional Infrastructure Fund committed $12.5 million as a loan-and-equity package for construction of a marina basin, wharf, piers, boat ramp and related marine infrastructure at Ōpōtiki, with project partners providing co-funding of $12.5 million. Up to 87 jobs will be supported during the build phase, and the facility is intended to provide year-round safe berthing for aquaculture and commercial vessels. A separate $3 million grant from the Fund’s geothermal ring-fenced allocation was directed to the Gas to Geoheat – Tauranga Geothermal System Project.