The final stage of the Waitangi Mountain Bike Park is getting $490,000 of government funding in a move it says will help create up to 160 jobs.
Tourism Minister Kelvin Davis said the Government is backing the high-adrenaline tourism project by investing $490,000 from the Provincial Growth Fund towards the final stage of the Waitangi Mountain Bike Park.
Funding for the $2.1 million project has come from a variety of sources and it is anticipated the project could create more than 160 jobs after 10 years, Davis said.
When completed, the community-owned park will offer mountain bikers 72km of trails catering to all abilities, and is expected to attract 15,000 new visitors to the region after three years.
"This will be a premium tourist attraction for the Bay of Islands that will create jobs in the long term and support the success of surrounding businesses," Davis said.