Regional Deals
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Promoting economic growth, delivering infrastructure, and improving the supply of quality housing across Aotearoa.
Regional Deals is the Government’s initiative for establishing long-term agreements between central and local government. The programme unlocks funding and resource opportunities to support councils to make improvements in their region, for example to roads, infrastructure, and the supply of quality housing.
Each regional deal is unique and built around the shared goal of supporting communities across New Zealand to grow and thrive. By forging partnerships between councils, and engaging private sector and Māori organisations, each region can prioritise its unique needs to work towards long-term and localised economic resilience and growth.
What is a regional deal?
Regional deals will be enduring and will provide the certainty needed to attract and retain the necessary investments to deliver change. Deals make use of existing resources rather than relying solely on new funding, with central and local governments aligning our budget cycles and investment strategies to ensure resources can be used effectively.
Each regional deal will cater to local priorities while sharing the following foundational components:
- Each regional deal will be based on a 30-year vision for the region.
- Each deal will have a 10-year strategic plan with clear outcomes and actions required to achieve them.
- Deals will rely on existing resources to achieve shared goals over new funding.
- Deals establish a framework through which new funding can be allocated as it becomes available.
Regions for Regional Deals can include regional, sub-regional, or other suitable areas, as long as they are clearly defined economic and geographic areas with functioning local authorities.