Prime Minister John Key announced today that $50 million will be spent over the next three years on the New Zealand Cycleway project.
Key spoke this morning at the New Zealand Hotel Industry Conference and says the project will create a high quality tourism asset for the country, provide economic employment and stimulate regional economies.
“This $50 million investment will create jobs through its design and construction, while also creating a high quality tourism asset that will complement our 100% Pure New Zealand brand,” says Key.
Key says suitable cycle routes have been identified and will be officially announced in the coming months.
An Advisory Group has also been set up to help plan and implement other regional cycleway proposals.
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