Labour pledges $300m fund for Christchurch

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Jacinda Ardern
Labour wanted to offer certainty to Christchurch residents, developers and investors about exact plans for the central business district, party leader Jacinda Ardern said yesterday.

However, one of the more popular pledges by Labour was likely to be the restoration of full democracy to Environment Canterbury.

The Government installed a commissioner and Environment Canterbury is still controlled by Government appointees.

Ms Ardern said Labour would establish a $300 million capital acceleration facility to develop the red zone, contribute to a new stadium and deal with the gaps in the horizontal infrastructure programme in partnership with the Christchurch City Council as part of a ‘‘global settlement’’.

Last week, Prime Minister Bill English announced National would add a further $120 million to the $59 million already pledged for a stadium in Christchurch.

So far, the Government has contributed about $17 billion to  rebuilding Christchurch.

Another $3 billion or so has been earmarked for further investment in Canterbury.

Ms Ardern said the global settlement fund would be the centrepiece of a comprehensive plan for the region.

‘‘Labour is committed to speeding up the rebuild, unlocking Canterbury’s potential and healing the hurt that still, to this day, exists across mental health, education and insurance worries.’’

She recommitted to an earlier announcement by Labour of an additional $100 million for multi-modal public transport for greater Christchurch, including commuter rail from Rolleston to the CBD.

Labour would also establish a governance group to accelerate the rebuilding of Christchurch schools.

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