Government's Provincial Growth Fund is putting nearly $1 million into beefing up forestry in the Horizons Region, Forestry and Economic Development Minister Shane Jones says.
He announced the funding in Ohakune this morning, along with announcing a $10m loan to Ruapehu Alpine Lifts. The loan is to be used to build a high speed gondola for Whakapapa ski area.
The Provincial Growth Fund will contribute $970,000 to planting 1,350,000 trees on 1000ha of erosion prone private land in the region, in partnership with Horizons Regional Council's Sustainable Land Use Initiative (SLUI).
The council is extremely pleased with the addition, chairman Bruce Gordon said.
The total cost of the project is just over $1.9m. Horizons is to put in $392,000 and the landowners will contribute $563,000.