Govt raids Provincial Growth Fund for $40M top-up to rural broadband roll-out

Govt raids Provincial Growth Fund for $40M top-up to rural broadband roll-out
Pattrick Smellie
By Pattrick Smellie Nov. 15 (BusinessDesk) - The government has effectively raided the $3 billion Provincial Growth Fund to top up the budget for the second phase of its rural broadband initiative, filling in mobile 'black spots' and ensuring broadband is available to marae that don't have access now. Regional Economic Development Minister Shane Jones and Communications Minister Kris Faafoi announced the funding, which will be added to the $105 million already allocated for the expansion of the RBI2 and mobile black spot fund. The work, b...