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IA Welcomes Sale Of Westhaven Marina
IA Welcomes Sale Of Westhaven Marina
Statement made by John Robertson, Chairman, Infrastructure Auckland
Infrastructure Auckland (IA), owner of 80% of the shares in Ports of Auckland Limited (POAL), welcomes the announcement by POAL this morning that the tender process for the Westhaven Marina has been successfully concluded.
Auckland’s transport and stormwater infrastructure will benefit from anticipated dividend payments arising from this transaction made to Infrastructure Auckland.
This is a good outcome for all
shareholders, for the company and for the region’s urgent
need to attend to its infrastructure shortcomings.
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