The future economic benefits for Tairāwhiti
The Twin Berth project will provide significant economic stimulus and opportunities for the Tairāwhiti economy.
Over the next few years, it’s estimated that the Stage 2 construction alone (Wharf 8 extension, reclamation, capital dredging and the outer breakwater refurbishment) will result in 86 additional FTE jobs for locals and $17.9 million per annum additional revenue spent with Tairāwhiti businesses.
Once the construction of both stages of Twin Berth are complete, the ongoing benefits to Tairāwhiti are even more promising.
The project will accommodate the forecast increase in the region’s forestry exports. If it’s also successful in attracting a coastal container service for exporting a significant share of the region’s agricultural and horticultural products, it’s estimated that Eastland Port will help sustain upwards of 40% of Tairāwhiti’s economic activity and around 43% of the region’s total employment.