Chairman comments on Auckland-Tauranga Ports talks
Wednesday, 11 October 2006, 11:06 am
Press Release: Auckland Regional Council
ARC Chairman comments on Auckland-Tauranga Ports talks
11 October 2006
ARC Chairman Michael Lee says: “We
see considerable merit in some form of port alliance, given
the growing power of merged international shipping
companies, and we will be carefully studying proposals as
they come through from Auckland Regional
Holdings.
“Auckland’s port is critically important to
Auckland’s economy. It is New Zealand’s largest
container port and by far New Zealand’s largest importing
port (60%) by value, including raw materials, equipment and
manufactured goods, which are the lifeblood of Auckland’s
economy.
“Its strategic importance is one of the reasons
the ARC Group moved to secure its 100% shareholding last
year. Accordingly we will be ensuring Auckland’s interests
in this vital infrastructure are fully protected.”
ENDS
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