Te Runanganui o Ngati Porou plans to pump $5 million into 50 of its marae in the East Cape and Gisborne areas.
The plans are detailed in the Ngati Porou Holding Company's 2012 statement of investment policies and objectives.
The document states the iwi has committed to grant $5 million over the following five years to 50 Ngati Porou marae - by distributing $1 million a year.
The iwi - which centres its strategy on local direct investment - says there is a general desire to invest in opportunities within the region to enhance economic growth.
It says grants to the community and constituents support the runanga's mission to strengthen the hapu and whanau of Ngati Porou to achieve the vision of successful hapu and a successful iwi.
