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Broadband Investment Fund Announced



As part of Budget 2008 the Government has announced a major contestable fund aimed at facilitating high speed broadband connections to businesses in urban centres and key users in the health and education sectors, to extend the reach of broadband into underserved regions, and to improve the resilience of New Zealand's international connections.

Government is seeking feedback on the draft process and criteria for urban and rural funding applications.

Submissions must in writing and should be sent electronically to broadband.investment@med.govt.nz, or by mail to:

Broadband Investment Fund submission
ICT Regulatory Team
Ministry of Economic Development
PO Box 1473
Wellington

Submissions close at 5:00 pm, 30 June 2008.

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