Off the wire
Indian stocks open new financial year on weak note  • Urgent: DPRK fires projectile into eastern waters  • 2nd LD Writethru: China, U.S. agree to expand common interests, control differences  • Indonesian annual inflation rises in March  • Brazilian scientists test effectiveness of natural medicine against Zika  • Brazilian president receives more support against impeachment  • 1st LD: M-6.1 quake strikes off Mie Prefecture, jolts central Japan  • Tokyo stocks tumble in morning as sentiment among large firms worsens  • 1st LD: Foreign drone falls in Indonesia's waters  • Urgent: Foreign drone falls in Indonesia's waters  
You are here:   Home

New internet cable strenghthens science, economic activity in New Zealand

Xinhua, April 1, 2016 Adjust font size:

The New Zealand government Friday welcomed the start of the building of a fourth international internet cable, saying it will boost research and economic activity.

The 14,000-km Hawaiki submarine cable system will link Australia and New Zealand to mainland United States, as well as Hawaii, with options to expand to several South Pacific islands.

"Hawaiki's new cable system will provide more international data choice and resilience for Kiwi consumers and business and help progress New Zealand's digital economy," Science and Innovation Minister Steven Joyce said in a statement.

The New Zealand government has supported the privately-owned Hawaiki project via the state-owned research network company REANNZ (Research and Education Advanced Network New Zealand).

REANNZ had taken a long-term anchor tenancy on the cable for its research network including an initial capital contribution of 15 million NZ dollars (10.35 million U.S. dollars).

"The contract between REANNZ and Hawaiki means REANNZ can lock-in long-term international connectivity arrangements essential for delivering high quality research-grade data services to its research and education members," Joyce said.

Once built, the Hawaiki cable will be the third provider and the fourth physical cable connecting New Zealand to the rest of the world. Endit