Today’s announcements from Prime Minister, Rt Hon Jacinda Ardern, look set to provide a significant injection to the
Queenstown Lakes District economy.
Mayor Jim Boult welcomed the much-needed investment as a lifeline for many locals and bringing support for hundreds of
jobs to the district which had been hard-hit by the economic effects of the COVID-19 pandemic.
“First and foremost, I would like to thank the Prime Minister and her Government, in particular Ministers Davis,
Twyford, Parker and Jones, for their support and for recognising the importance of providing the support our community
needs and investing in the future of our local economy, with this the first of the CIP funding announcements. There is
certainly much more work to be done to ensure we are a truly resilient, diverse and economically sustainable community,
but this is a very encouraging and significant step.”
“Until recently our district had the lowest unemployment rate in Aotearoa New Zealand and now we’re facing up to 8,000.
That’s why this Council was determined to submit projects for funding that would make a real difference to the community
and our economy. And it’s incredibly rewarding to see that the value these projects can deliver is being recognised,”
said Mayor Boult.
“The $85M contribution from the Crown Infrastructure Partners is a substantial boost to the transformation of
Queenstown’s town centre and potentially enables stage one of the proposed Queenstown arterial road to begin
construction within 12 months. These are projects that will bring many benefits for locals and, when they return,
With funding confirmed, the streetscape work in Queenstown town centre will revitalise core areas in the CBD for the
benefit of locals and the future return of visitors to the town. It is anticipated that construction will be underway
within three months. The Council will engage directly with affected parties for both projects and with the wider
community as details are progressed.
Mayor Boult also acknowledged the announcement by Minister Davis of a $25M package from the Department of Conservation
waiving tourism-related concession fees until 30 June 2021, welcoming support for the tourism sector which had been the
industry most affected in the district.
“We know that in time domestic and international visitors will return to New Zealand, and Queenstown Lakes will always
be on the to do list of people who want to see the unique things our country has to offer. Providers in that sector need
to be here and ready to welcome them when they do come back,” added Mayor Boult.