A Northland iwi’s commercial branch has been given a $1.74 million government loan to develop an avocado orchard on 20 hectares south of Dargaville. Kaipara iwi Te Uri o Hau has been given funding through its commercial branch Renaissance Group Ltd from $24m of investment from the Regional Strategic Partnership Fund (RSPF) into ten diverse projects across the country.
The RSPF loan is to develop a 20-hectare avocado orchard near Te Kōpuru. It’s the only Northland project to benefit from this latest round of RSPF funding. The Renaissance Group is the commercial arm of Te Uri o Hau Settlement Trust, so the project itself will be run through this commercial entity.
Source: nzherald.co.nz
