As part of the Budget 2024, the coalition Government outlined plans for the Regional Infrastructure Fund to support regional productivity, prosperity and resilience. This fund, $1.2 billion over three years, will invest in new and existing infrastructure .
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The announcement of an initial $200 million in funding, combined with co-investment from regional and unitary councils, will accelerate the implementation of 42 projects aimed at enhancing the resilience of flood-prone communities across New Zealand.