In 2001 the people of the West Coast received $92 million from the New Zealand Government as an adjustment package for the loss of indigenous forestry and privatisation of much infrastructure in the late 1990s.
Set up as a charitable Trust, Development West Coast was formed to manage, invest and distribute this fund within the region.
Our aim is to promote employment, generate economic benefits and support positive initiatives on the West Coast.
To achieve this we invest in regional development, business and educational projects that benefit West Coasters – now and in the future.
To assist in creating an environment for sustainable investment, development and employment to which people are attracted.
“Development West Coast will play an ongoing, valuable role in promoting the West Coast as a wealthy, growing, sustainable, vibrant and socially inclusive region. It will foster a positive attitude to life and learning.”