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

 


Irrigation Company Establishment Board Announced


Hon Nathan Guy
Minister for Primary Industries

22 February 2013 Media Statement

Irrigation Company Establishment Board Announced

Minister for Primary Industries Nathan Guy has announced that experienced director Alison Paterson will oversee the establishment of a new Crown company to invest in irrigation.

The new company, which is to be established by 1 July, will act as a bridging investor for regional water infrastructure development, with $80 million to be set aside in Budget 2013.

“I’m pleased to have people of high quality and balance to work on what is a critical area of New Zealand’s growth,” says Mr Guy.

“Well-designed storage and irrigation infrastructure has the potential to deliver a major boost to our primary industries and support new jobs, which will have a flow-on effect for all New Zealanders. If current proposals are advanced there could be another 420,000 hectares of irrigated land available over time.

“It will also be better for the environment, as these schemes will lead to more efficient water use, and can provide for the replenishment of aquifers and the restoration of stream and river flows.

“Setting up a commercially driven Crown company and partnering with private investors is a unique approach to the challenge of getting regional-level infrastructure built.

“These people offer a balance of commercial and governance expertise, and a practical understanding of large infrastructure projects that will ensure the company gets off on the right footing.

“A number of proposals for regional-level water storage and irrigation schemes are nearing the stage where they will be ready to be presented to investors. The Government’s role is that of an enabler, acting as a bridging and minority investor.”

The Establishment board’s term will be 1 March to 30 June 2013

Background on the new members is below.



Alison Paterson (Chair) has had a long career in corporate governance in large organisations. She received recognition as Deloitte/Management Chairman of the Year in 2010. She has board experience in a range of sectors including infrastructure and agriculture, and has often chaired start-up organisations like FarmIQ, and Electricity and Gas Commission. Alison was a farm accountant early in her career.

Debra (Debbie) Birch is a Deputy Maori Trustee at the Maori Trustee Office in Wellington. She has 30 years of financial sector experience including managing investment portfolios. She is a current director on Kordia and Crown Asset Management Ltd, charged with managing the assets of South Canterbury Finance and five other finance companies in receivership.

Michael Webb is a commercial barrister and a member of the Financial Markets Authority. He has strong legal and financial sector background and experience, and Board leadership experience including chairing the Establishment Board for a Crown company (Learning Media Ltd). He chaired the Ministerial Taskforce on the Regulation of Financial Intermediaries in 2004-05.

Donald (Don) Huse is a professional director and former chief executive of Auckland and Wellington International Airports. He is also a former Chief Financial Officer of Sydney Airport Corporation. Don is a qualified accountant.

Lindsay Crossen is a civil engineer and a former Chief Executive of Fulton Hogan Contracting. He has extensive experience with managing and contracting large infrastructure projects. In addition, he has project management and a corporate governance background.

Christopher (Chris) Kelly has been the Chief Executive of Landcorp Farming Limited since 2001. He has held a number of significant agribusiness board positions over the past decade, including as a member of Massey University Council and director of FarmIQ (a joint Crown/industry initiative to reform the red meat sector).

Graeme Sutton is a farmer, former Chair of Irrigation New Zealand, and a former director of Waimakariri Irrigation Ltd. He has dairy farming interests in the South Island. Graeme has held director positions in a number of agribusiness companies.

________________________________________


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Gordon Campbell: On Bank Scandals (And Air Crashes)

Last month, the Australian Securities and Investment Commission (ASIC) filed proceedings against Westpac over activities that have some distinct echoes of the Libor scandal. More>>

Budget: Health Funding Must Keep Up With Need

NZNO: “The nursing team has been doing more with less for years. It’s getting to the point that we’re really worried about our colleagues, our patients, our jobs and the level of health care available for people in our country." More>>

ALSO:

Emissions Inventory: Time For The Government To Do The Right Thing

It’s time for the National Government to step up and do the right thing to reduce climate pollution as data shows New Zealand’s greenhouse gas emissions are higher than ever, the Green Party said today. More>>

ALSO:

Budget 2016: More Partnership Schools To Open

Seven new schools will join the eight Partnership Schools already open, along with further new schools opening in 2017. “The growth of this policy is a reflection of the high level of interest from educators and community leaders,” Mr Seymour says. More>>

ALSO:

No Correspondence With English: Did Brownlee Make Up Sale Of Navy Ships ‘On The Hoof?’

Having revealed that several Royal New Zealand Navy vessels have not left port in years, New Zealand First is now asking the Minister of Defence to prove he did not come up with the idea of selling HMNZS Taupo and Pukaki until the media asked him. More>>

Housing Plans: Labour- Abolish Auckland Urban Boundary
The Government should rule out any possibility of an urban growth boundary in Auckland Council’s Unitary Plan if it is serious about fixing the housing crisis. More>>
Greens - State House Solution
The Homes Not Cars policy allows Housing New Zealand to retain its dividend and, in addition, would refund its tax, to spend on the emergency building of around 450 new state houses. More>>

ALSO:

Houses And Taxes: Post-Cabinet, Pre-Budget Press Conference

The Prime Minister said that the pre-budget announcements showed that his Government is “investing in a growing economy”. He re-affirmed the National Government’s commitment to lowering personal tax rates but that any such change must fit with the fiscal reality of the time. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
More RSS  RSS
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news