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New Zealand approves $950,000 loan for Māori trust to upgrade dairy farm, boosting production and jobs.
The New Zealand government has approved a $950,000 loan to a Māori trust near Hāwera to upgrade farm infrastructure, including building a new dairy shed.
The project, supporting 290 landowners, aims to shift from passive leasing to active farming, increasing milk production and profitability by up to 25%.
The trust contributes $120,000, and the upgrades are expected to create jobs, boost the local economy, and advance Māori self-governance and farming training.
Without the investment, the land would have reverted to less-productive grazing.
Construction begins soon, with the new facility expected operational later in 2026.
Nueva Zelanda aprueba un préstamo de $ 950,000 para el fideicomiso maorí para actualizar la granja lechera, impulsar la producción y los empleos.