New Zealand's government unveils a Regional Deals framework to address infrastructure deficit and promote economic growth.

New Zealand's government unveiled a Regional Deals framework to enhance ties between central and local governments, focusing on economic growth and addressing the country's infrastructure deficit. The initiative, inspired by the UK and Australia, is set to invite up to five regions to propose basic proposals for a Regional Deal, with the aim of finalising the first deal in 2025. The framework targets critical infrastructure, affordable housing, and economic growth, and follows a staged rollout strategy.

August 21, 2024
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