Significant investment from the Provincial Growth Fund and other government funds will help reopen the Rotorua Museum, which was closed in 2016 following a seismic assessment made after the Kaikoura earthquake.
A sum of $15 million in PGF grant funding was contributed to the multi-million dollar project that also includes funding from the local council, the Rotorua Energy Charitable Trust, the Lottery’s significant projects fund and the Regional Culture and Heritage Fund.
The funding will bring the building up to the required standard and complete the first stage of an international scale exhibition and conference centre. It will also provide better care for and access to the museum’s collection of taonga, and create an estimated 371 addition jobs in the region.
Regional Development Minister Shane Jones graced the announcement of the fund in Rotorua, and said that the forced closure of the museum was a major blow to the tourism industry of the city.
"The Provincial Growth Fund investment will help bring the museum back to life for visitors and locals alike. The redevelopment will attract more visitors to the region who will stay longer and spend more money at local businesses,“ he said.
The PGF has committed $133m to Bay of Plenty up to the end of June 2019. This New Zealand First initiative is intended to boost regional economies by creating new jobs and opportunities in the regions.