Tauranga Energy Consumer Trust has announced it will fund $15 million towards a proposed inner Tauranga city tertiary campus, bringing the idea of purpose-built education centre closer to reality.
Tauranga Energy Consumer Trust and Bay of Plenty Regional Council announced the funding in a joint statement released today to expand tertiary education in Tauranga.
The funding joins that previously announced by the regional council of up to $15m through its Regional Infrastructure Fund, the donation of land in the Tauranga CBD on Durham Street from Tauranga City Council, and financial support from the University of Waikato.
The campus is proposed by the Bay of Plenty Tertiary Education Partnership, which is made up of four tertiary institutions - Bay of Plenty Polytechnic, Te Whare Wananga o Awanuiarangi, Waiariki Institute of Technology and the University of Waikato. The campus is expected to attract more young people, particularly Maori, into tertiary education.
At its most recent board meeting the Tauranga Energy Consumer Trust (TECT) confirmed that funding of $15 million will be provided to expand Tertiary Education in Tauranga.