Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Largest NZ Wood Processing Plant For Gisborne

4 July 2002 (embargoed till 2 pm)

Largest NZ Wood Processing Plant For Gisborne –
Over $100 Million Investment Will Provide Hundreds Of New Jobs


Economic Development Minister Jim Anderton today welcomed the announcement of one of the largest single jobs machine successes with the news that Gisborne will be home for New Zealand’s largest wood processing plant.

Hikurangi Forest Farms has today advised me that based on what has been agreed by the Government, the Gisborne District Council and Port Gisborne, it will commit to the establishment of a wood processing facility in New Zealand. This facility will process wood products, which are internationally competitive, from Hikurangi Forest Farms own forestry resource on the East Coast of New Zealand.

“The new Hikurangi Forest Farms wood processing plant will be nearly double the size of New Zealand’s current largest plant (Waipa in Rotorua), and we will see hundreds of new jobs,” said Jim Anderton.

“The new plant will be so large that it will process the equivalent of the volume of logs currently shipped out from the Gisborne Port per year and will be three times the size of the largest plant in the region.

“The level of investment needed to build a processing plant of this quality and size will be in excess of $100 million.

“The investment by Hikurangi will be a crucial development that will encourage other investment and will provide downstream employment to service the large plant.

“This announcement addresses the wall of wood issue and at the same time offers sustainable employment and economic development for the East Coast region.

“I want to congratulate Hikurangi Forest Farms for their commitment to the people of Gisborne and this significant investment in New Zealand. I welcome an investor such as Hikurangi Forest Farms in the wood processing industry with a long term investment and value added strategy.

“This important investment is the result two years of constructive work by the Wood Processing Steering Group to develop this industry. The Industry Representatives brought together by this Coalition Government have worked to remove barriers to growth and create jobs and that is exactly what this announcement demonstrates,” said Jim Anderton.

Hikurangi Forest Farms Ltd has said they appreciate the efforts over the last two years of the Ministry of Economic Development, the Gisborne District Council, Port Gisborne and Industry NZ in assisting in providing funding, skills development, port development and streamlining the process for forest industry investment in New Zealand.

Hikurangi Forest Farms Ltd is owned by Malaysian company Samling Ltd.

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>

ALSO:

Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>

ALSO:

More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news