Post by Kiwi Frontline on Jun 22, 2016 18:12:49 GMT 12
MAORI TRUST TO CONTROL TONGAN FORESTS
A Maori trust from New Zealand has been granted land leases and at least 50 years control over the former public enterprise Tonga Forest Products Limited.
The Tongan government said the unnamed trust, represents two iwi and had agreed to pay just over US$4.4 million in return for management of the company for 50 years, with the option to renew for a further 25 years…
www.radionz.co.nz/international/pacific-news/306960/maori-trust-to-control-tongan-forests
A Maori trust from New Zealand has been granted land leases and at least 50 years control over the former public enterprise Tonga Forest Products Limited.
The Tongan government said the unnamed trust, represents two iwi and had agreed to pay just over US$4.4 million in return for management of the company for 50 years, with the option to renew for a further 25 years…
www.radionz.co.nz/international/pacific-news/306960/maori-trust-to-control-tongan-forests