Regional Deals – Strategic Framework

27 August 2024

Regional deals are set to become a key feature in the Government’s strategy to enable and support economic growth and deliver improved infrastructure in New Zealand.

Last week, the Government announced its Regional Deals Strategic Framework. Regional deals are long-term partnerships between central and local government, with participation from other organisations, including the private sector and Māori/iwi organisations. They are intended to endure, promote economic growth and productivity, deliver connected and resilient infrastructure, and improve the supply of affordable, quality housing. The Government has set a target of finalising its first regional deal in 2025.

Below is a ‘one pager’ summarising the key aspects of the Regional Deals Strategic Framework. You can read the Regional Deals Strategic Framework here.

We will keep you up-to-date as the first wave of up to five regional deals progresses.

 

If you have any questions about the matters raised in this article, please get in touch with the contacts listed or your usual Bell Gully adviser.


Disclaimer: This publication is necessarily brief and general in nature. You should seek professional advice before taking any action in relation to the matters dealt with in this publication.