Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Port of Tauranga extends South Island reach with 15 ha site

Port of Tauranga extends South Island reach with 15 ha site at Rolleston

Jan. 13 (BusinessDesk) - Port of Tauranga, which acquired a half stake in Timaru’s PrimePort last year, has extended its South Island reach with the acquisition of land south of Christchurch it plans to develop as a freight hub.

The nation’s biggest export port has conditionally agreed with the Selwyn District Council to purchase 15 hectares of land in the Izone Industrial Park at Rolleston about 12 kilometres south of Christchurch, it said in a statement. The park is being developed for manufacturing, warehousing and logistics businesses and has “excellent road and rail connections,” it said.

The intermodal freight hub will receive, pack and distribute containerised cargo, the port company said.

“Establishing an intermodal freight hub at Rolleston will provide South Island exporters the option to efficiently access Timaru and similarly, importers in the Christchurch area will have the option to ship through Timaru,” the company said.

Port of Tauranga shares rose 0.5 percent to $13.80 and have edged up 2.2 percent in the past 12 months.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

OceanaGold: Man Killed In Waihi Mine Accident

A 29-year-old man had died following a work place accident at OceanaGold mine, Waihi last night. The man was killed after the front end loader he was in rolled down a slope. The accident happened at approximately 6.30pm on Thursday night. More>>

ALSO:

Constructing Consent: Annual Housing Consents Highest In Over A Decade

More than 29,000 new homes gained building consent in the year to June 2016, up 16 percent from the previous June year, Statistics New Zealand said today. More>>

ALSO:

War Against Weevil For Future Peas: “No Peas, No Weevil” Ban Now In Place In Wairarapa

The Ministry for Primary Industries (MPI) has today placed a ban on growing peas within a specified area and placed controls on moving pea material (seed and untreated pea straw) within, in and out of this area for the next 2 years. More>>

ALSO:

Wood Producers: Crisis In New Zealand Log Supply

New Zealand wood processing leaders held a hui with senior government officials and political leaders in Whangarei yesterday to assess the acute log supply shortage to local mills in Northland. More>>

Consents And Taxes: Trustpower 'Very Disappointed' With Judgement

Trustpower is "very disappointed" with a Supreme Court ruling dismissing its bid to claim tax deductions on $17.7 million of project costs in a case closely watched by large-scale infrastructure developers. More>>

ALSO:

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news