15 May 2015
12.7m signed over for Te Mato Vai
The Governments of the Cook Islands and New Zealand today signed a new grant of NZD 12.7 million dollars towards the costs of the Te Mato Vai Water project, taking New Zealand’s contribution to $15 million.
New Zealand’s commitment to the water partnership was made by the Prime Minister of New Zealand John Key at the Pacific Islands Forum Leaders Meeting in the Cook Islands in 2012.
Te Mato Vai is being funded through various sources including a loan from the Peoples’ Republic of China, the Cook Islands own resources and the New Zealand Aid Programme. This unique trilateral partnership is led by the Cook Islands and is on track to achieve the Government’s policy outcomes for water in Rarotonga.
New Zealand High Commissioner to the Cook Islands, His Excellency Nick Hurley, said “the successful delivery of this partnership is extremely important to securing the Cook Islands’ economy, but more importantly improving the quality of life, health and well-being of the residents of Rarotonga”.
The signing coincided with one of the regular meetings of the Te Mato Vai Governance Group. The Governance Group heard that Chinese-funded ring main work remains on track for completion by the end of 2015. Works on Stage 2, which includes the intakes, treatment plants, and trunk-mains, is scheduled to commence later in 2015 with the tender for these works now in the market.
Finance Secretary Richard Neves said “all partners are exceptionally pleased with progress to date, and the further New Zealand grant is a timely investment towards ongoing project construction costs.”
The Governance Group is next scheduled to meet in November.
Contact: For further information contact
Joseph Mayhew, 1st Secretary (Development), New Zealand High Commission email@example.com or 22201 x 26
Peter Tierney, Manager Development Coordination Division, MFEM firstname.lastname@example.org or 29521