$6.1 million space centre opens in Canterbury

The new 1 kilometre runway at Kaitorete. (Image: Supplied)

Fri, 09 Feb 2024

A new $6.1 million space centre and runway in Canterbury is expected to help create more than 1,300 jobs and up to $2.4 billion in economic benefits over the next 10 years.The Tāwhaki National Aerospace Centre and the new sealed runway at Kaitorete, 50 minutes drive from Christchurch, opened on Friday. The 1-kilometre runway and planned hangar facilities were funded by a $5.4m grant from the government’s Regional Strategic Partnership Fund. Tāwhaki is a joint venture partnership between the holding company Kaitorete (representi...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Primary Sector

Pāmu narrows profit forecast, expects record year

Its record year was foreshadowed last month.

Riley Kennedy 12:10pm

Markets

NZX’s Mark Peterson to step down after nine years as CEO

Peterson said the time was right for him to step down.

Staff reporters 10:00am

NZX’s Mark Peterson to step down after nine years as CEO

The Quiz Free

QuiznessDesk, Thursday, July 24

Take a break and try our quiz.

The Quizmaster 9:15am

Sponsored

Global real estate without the passport or paperwork

A global ETF offers access to income-generating real estate like data centres, healthcare and logistics warehouses – all in New Zealand dollars.

Blackrock, Smart Invest

Sponsored

‘Make Today the Day’: Why on-the-job training is the key to NZ’s service recovery

Covid gutted New Zealand’s service workforce. Training is the fix – and the future.

ServiceIQ

More Technology

News in Brief

Tāwhaki joint venture gets $5.85m for space growth

The Tāwhaki joint venture has received a $5.85 million boost from the Government to support the growth of New Zealand's space and advanced aviation sectors.Space Minister Judith Collins announced the funding, highlighting the rapid growth of these sectors, with the space indu...

BD AI 12:12pm