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

 


“Significant” investment delivers growth for the NZ tourism

Media Release from The Remarkables
25 July 2014

“Significant” investment delivers growth for the NZ tourism industry

A “significant” and brave investment that is helping the tourism industry succeed was praised by Deputy Prime Minister Bill English today (Friday July 25) when he officially opened the new Curvey Basin chairlift at The Remarkables ski area in Queenstown.

Mr English opened the high-speed six-seater chairlift as snow gently fell on the ski area, praising NZSki and Trojan Holdings for being a “long-term investor with the commitment and willingness to take the risk”.

The new lift, which carries 2,800 people per hour and takes just seven minutes to travel the 1.2km line, is part of a substantial $45m investment at the ski area which also includes road re-alignment, sealing of the lower access road, trail developments, expansion of the snow making system, and extended car parking.

A new base building will also be delivered as part of the investment.

After riding the new lift to the top of the Curvey Basin, Mr English, who was accompanied by Clutha-Southland electoral candidate Todd Barclay, said it had been “a very smooth ride”.

“They’ve done a fantastic job, and every dollar invested brings more jobs and more people to Queenstown and throughout the region, not just in the industry,” he said.

“It’s great that NZSki has had the confidence to go forward with this scale of investment that has lifted the quality of the product and the Government is pleased with this investment.

“This is how the economy grows.

“The company is delivering a special Queenstown and Remarkables experience that’s helping to persuade all those Aussies to get over here and delivering a great experience for all their customers.”

NZSki CEO Paul Anderson thanked the NZSki shareholders for their foresight and leadership in committing to the investment, and the Leitner Poma and Lyttleton Engineering teams together with ski area manager Ross Lawrence and management at The Remarkables for making it happen.

He said the investment was one of the most significant tourism investments made in the Southern Lakes area and was important to the local and national economy.

“This is the first stage of NZSki’s project to improve the facilities and trails at The Remarkables ski area. The 1.2km chairlift, snowmaking and road improvements are part of NZSki’s ongoing commitment to provide the best possible product to our guests.

“These improvements will ensure The Remarkables is of a true international standard and on a par with Queenstown’s other ski area, Coronet Peak.”

Curvey Basin lift FAST FACTS:
• Curvey Basin lift 1.2km long
• In its first 21 days of operation it carried 22,000 individual skiers who notched up 170,000 runs
• 52 new snow guns are a mix of tower and fan guns
• 1.6km of new trails a minimum of 30m wide
• New lift transport up to 2,800 people an hour
• 300m of road re-alignment
• Creation of new car parks

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Maritime: Navigation Safety Review Raises Big Issues For The Govt

Shipping Federation: "The reports makes it clear that the ratification of the Maritime Labour convention (MLC) is long overdue. Only when the MLC is ratified will Maritime NZ be able to inspect and enforce the labour conditions on international ships visiting our ports." More>>

ALSO:

100 Years After Einstein Prediction: Gravitational Waves Found

For the first time, scientists have observed ripples in the fabric of spacetime called gravitational waves, arriving at the earth from a cataclysmic event in the distant universe. This confirms a major prediction of Albert Einstein’s 1915 general theory of relativity and opens an unprecedented new window onto the cosmos. More>>

ALSO:

Farming: Alliance Plans To Start Docking Farmer Payments

Alliance Group, New Zealand's second-largest meat cooperative, plans to start withholding some stock payments to its farmers from next week to bolster its balance sheet and force suppliers to meet their share requirements. More>>

ALSO:

Gambling: SkyCity First Half Profit Rises 30%, Helped By High Rollers

SkyCity anticipates the Auckland business will benefit from government gaming concessions which were triggered on Nov. 11 in recognition of SkyCity’s $470 million Convention Centre development. Morrison said the concessions would allow the Auckland business to lift its activity during peak period, noting it had a record revenue week over the Christmas and New Year period. More>>

ALSO:

Money For Light: Kiwi Scientists Secure Preferential Access To Synchrotron

Science and Innovation Minister Steven Joyce today announced a three-year investment of $2.8 million in the Australian Synchrotron, the largest piece of scientific infrastructure in the Southern Hemisphere, to secure preferential access for Kiwi scientists. More>>

Telco Industry Report: Investment Hits $1.7 Bln A Year

Investment in the telecommunications sector is $1.7 billion a year, proportionately one of the highest levels in the OECD, according to a report released today on the status of the New Zealand sector. More>>

ALSO:

PGPs: New Programme Sets Sights On Strong Wool

A new collaboration between The New Zealand Merino Company (NZM) and the Ministry for Primary Industries (MPI), announced today, aims to deliver premiums for New Zealand's strong wool sector... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news