What's the deal with the Regional Deal?
The Western Bay of Plenty sub-region is one of New Zealand’s fastest-growing regions, but growth comes with challenges. The Deal’s intent is to help unlock our sub-region’s full potential and improve liveability – creating opportunities for economic growth, jobs, new housing and better, connected infrastructure.
A deal oversight board will be established comprising of representatives of Central Government, Councils, Private Sector and Iwi. This will report to a leadership group made up of Ministers, Mayors and Chair.
The first phase is a planning phase, which will develop an implementation plan that will be approved through our councils and the government (likely to take 4-6 months) and then we enter the 10-year Delivery or Implementation period of the Deal.
Reporting is quarterly to Governance, with reviews set out over time to ensure alignment and delivery of the outcomes.
What we hope to achieve:
- Enable the delivery of up to 40,000 homes
- Support the creation of 35,000 jobs
- Unlock new industrial land
- Deliver real GDP growth of 4.6% per year.