Provincial Growth Fund rejects Franz Josef township move
The Franz Josef township faces flooding and serious earthquake risks - but an application to assess whether the West Coast town could be moved has been rejected.
Earlier this year, an application for $2.2 million to assess the viability of a plan to move the entire township 10km away to Lake Mapourika was rejected by the Provincial Growth Fund.
Franz Josef has 330 ratepayers who live locally - but as a tourist hotspot with at least 600,000 visitors a year, it brings in an estimated $350m a year in tourism revenue.
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