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

Anzac Day:


Reshuffle: PM Announces Changes To Ministerial Portfolios

Prime Minister Bill English today announced the appointment of Gerry Brownlee as Minister of Foreign Affairs, Nathan Guy as Minister of Civil Defence, Nikki Kaye as Minister of Education and Mark Mitchell as Minister of Defence.

The changes follow the resignations from Cabinet of Hekia Parata and Murray McCully.

In other changes Simon Bridges has been appointed Leader of the House and Nicky Wagner has been made Minister supporting Greater Christchurch Regeneration. More>>

 

Q+A Transcript: CTU Call For 'National Standards' On Wages

‘If you look at countries who do better than us, who pay wages better, who have more competitive industries, more successful economies, they have systems where there are national standards.’ More>>

ALSO:

Health Workers Respond: People's Mental Health Report Released

The People's Mental Health Review reinforces a recent YesWeCare.nz survey of 6,000 health workers, which found nine in 10 believe they don't have the staff or resources to deliver the care Kiwis need when they need it. More>>

ALSO:

More Mental Health:

Energy: Greens Launch Plan For Cheaper And Cleaner Electricity

$112 million for winter warm-up payments to help low-income households cover their power bills • setting a goal for 100 percent renewable electricity by 2030 (in average hydrological conditions) • an investigation into the electricity wholesale market. More>>

ALSO:

Gordon Campbell: On The Aged-Care Settlement

Until yesterday, a National government has always been the sworn enemy of women seeking justice in the workplace, in the face of gender-based pay discrimination. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news