The Prime Minister and Minister of Tourism, John Key, has promised $50 million dollars over three years for the New Zealand Cycleway Project.
Mr Key says the project, first raised at the Job Summit, will create a high quality tourism asset that will enhance New Zealands competitiveness as a tourism destination, provide employment, and stimulate economic development opportunities in regional economies
The initiative would create a series of 'Great Rides' of New Zealand, with the long term aim of creating a network throughout the country.
Routes would be influenced by existing cycleways, facilities, and tourism attractions.
Some promising routes have already been identified and I expect to have announcement on them in the next couple of months, he said. The first route could run from Queenstown to Invercargill and on to Bluff.
We need to make New Zealand a higher-value destination. We need to respond to the world as it changes. We need to improve the business environment. We need to work more closely with each other, and we need to make the most of the Rugby World Cup.
He emphasised the importance of delivering on the expectations of visitors that come to New Zealand for the Rugby World Cup in 2011.
We must make sure visitors get what they come for and more, and that they go home singing our praises and yearning to return, he said.