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New Zealand invests $5M to upgrade Gisborne’s port equipment, boosting trade and resilience.
The New Zealand government has allocated $5 million to upgrade container-handling equipment at Eastland Port in Gisborne, marking the first use of its $30 million Coastal Shipping Resilience Fund.
The investment, announced by Associate Transport Minister James Meager, aims to improve regional economic growth, enhance supply chain resilience during disruptions like Cyclone Gabrielle, and support local exporters.
The project is expected to boost trade access, create jobs, and help achieve the government’s goal of doubling export value over the next decade.
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Nueva Zelanda invierte 5 millones de dólares para actualizar el equipo portuario de Gisborne, impulsando el comercio y la resiliencia.