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Who, specifically, will be required to pay back the $18.13 million loan provided by Kānoa – Regional Economic Development & Investment Unit to the "Tukituki Water Security Project (TSWP) Pre-Construction" if the project does not proceed to construction or does not make a profit?

Answered Question 32120 (2026)
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Asked by

Lan Pham

List MP · Green Party

Question

  • Who, specifically, will be required to pay back the $18.13 million loan provided by Kānoa – Regional Economic Development & Investment Unit to the "Tukituki Water Security Project (TSWP) Pre-Construction" if the project does not proceed to construction or does not make a profit?

Answered by

Hon Shane Jones

List MP · NZ First · Minister for Regional Development

Answer

Information regarding loan terms and conditions are commercially sensitive, and I do not consider it is in the public interest to release.