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MASS GOVERNMENT INVESTMENT INTO QUEENSTOWN WELCOMED

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June, 2020

Announcements this month from Prime Minister, Rt Hon Jacinda Ardern,
look set to provide a significant injection to the Queenstown Lakes
District economy.
Mayor Jim Boult welcomed the much-needed investment as a lifeline for
many locals and bringing support for hundreds of jobs to the district
which had been hard-hit by the economic effects of the COVID-19
pandemic.
First and foremost, I would like to thank the Prime Minister and her
government, in particular Ministers Davis, Twyford, Parker and Jones,
for their support and for recognising the importance of providing the
support our community needs and investing in the future of our local
economy, with this the first of the CIP funding announcements. There is
certainly much more work to be done to ensure we are a truly resilient,
diverse and economically sustainable community, but this is a very
encouraging and significant step.
The $85million contribution from the Crown Infrastructure Partners is a
substantial boost to the transformation of Queenstowns town centre
and potentially enables stage one of the proposed Queenstown arterial
road to begin construction within 12 months, says Mayor Boult. These
are projects that will bring many benefits for locals and, when they
return, international visitors.
With funding confirmed, the streetscape work in Queenstown town
centre will revitalise core areas in the CBD for the benefit of locals and
the future return of visitors to the town. It is anticipated that
construction will be underway within three months. The council will
engage directly with affected parties for both projects and with the
wider community as details are progressed.
Mayor Boult also acknowledged the announcement by Minister Davis of a
$25million package from the Department of Conservation waiving
tourism-related concession fees until June 30, 2021, welcoming support
for the tourism sector which had been the industry most affected in the
district.
We know that in time domestic and international visitors will return to
New Zealand, and Queenstown Lakes will always be on the to do list of
people who want to see the unique things our country has to offer.
Providers in that sector need to be here and ready to welcome them
when they do come back, added Mayor Boult.
Additional statistics:
> Stage 1 of the Queenstown Arterials Road and the Streetscapes
project will support 320 jobs
> Stages 2-3 of the Queenstown Arterials Road will support a further
281 jobs
> The proposed Stanley Street Public Transport Interchange will
support a further 100 jobs
> Other Town Centre projects directly linked such as Waka Kotahi
NZTA street upgrades, car parking, and active travel) will support
another 307 jobs
The Streetscapes project will include upgrades to Brecon Street, Beach
Street, Rees Street, and Park Street.

 

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