IrrigationNZ applauds IAF investment
Media Statement
29 November 2012 – for immediate release
IrrigationNZ applauds IAF investment
IrrigationNZ has applauded the latest grant
made by the Irrigation Acceleration Fund (IAF) – a project
assessing the viability of expanding irrigation on the south
side of the Lower Waitaki River.
“It’s fantastic to see the IAF actually deliver on what it was set up to do – which is support the potential for irrigated agriculture to contribute to New Zealand’s sustainable economic growth,” says IrrigationNZ CEO Andrew Curtis.
“Since the fund was set up farmers have held their breath to see what tangible benefits would result. The Waitaki announcement means five new irrigation projects this year have got the go-ahead with the potential to generate significant GDP.”
“It’s not easy for small, rural communities to raise the capital needed for irrigation infrastructure investigations and development. Irrigation benefits the entire community and IAF’s investment will ensure these developments are achievable and sustainable for the communities that drive them,” says Mr Curtis.
The
IAF, which is administered by the Ministry for Primary
Industries, is contributing $136,000 to the one-year Waitaki
project, matched dollar for dollar by the community. The
project is being facilitated and managed by the Waitaki
Irrigators Collective Limited (WIC), a representative body
which comprises five irrigation schemes and the Waitaki
Independent Irrigators Incorporated Society (WIII).
Four other irrigation projects have also received IAF
grants this year including the North Otago Irrigation
Company Tilverstowe Extension, the Manuherikia Catchment
Strategic Water Study, the Ruataniwha Plains Water Storage
Project Feasibility Study and Tarras Water Ltd.
Negotiations are underway for a further four projects. The
IAF will invest $35 million over a five year period (2011/12
to 2015/16) in irrigation
development.
ends