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.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Shocking Dairy Footage: MPI Failing Our Animals And Damaging Our Reputation

Greens “Nathan Guy needs to urgently look into how his ministry is enforcing animal welfare standards, how these appalling incidents happened under its watch and what it’s going to do prevent similar incidents happening again in the future." More>>


Land & Water Forum: Fourth Report On Water Management

The Land and Water Forum (LWF) today published its fourth report, outlining 60 new consensus recommendations for how New Zealand should improve its management of fresh water and calling on the Government to urgently adopt all of its recommendations from earlier reports. More>>



Welcome Home: Record High Migration Stokes 41-Year High Population Growth

New Zealand annual net migration hit a new high in October as more people arrived from than departed for Australia for the first time in more than 20 years. More>>


Citizens' Advice Bureau: Report Shows Desperate Housing Situation Throughout NZ

CAB's in-depth analysis of over 2000 client enquiries about emergency accommodation shows vulnerable families, pregnant women and children living in cars and garages, even after seeking assistance from the Ministry of Social Development and Housing New Zealand. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news