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Post by Kiwi Frontline on Aug 2, 2016 18:22:46 GMT 12
GAINS MEASURED IN THE MILLIONS FOR SOUTH TARANAKI IWI SINCE TREATY SETTLEMENT SIGNEDTwo years on from signing its Treaty of Waitangi settlement, a South Taranaki iwi is looking to grow services which will benefit its people, including a focus on the development of marae. Since August 2014, Te Korowai o Ngāruahine has grown its asset base by $10m, some of which has already been tagged to future investment into the iwi's eight marae. Edwards said in addition to growing Ngāruahine's net assets from the $67.5m settlement quantum to more than $75m, he said there were more opportunities on the horizon for the iwi. This included progressing its customary rights application under the Takutai Moana (Marine and Coastal Area) Act along with the ongoing negotiations, along with other iwi in the region, around redress related to Mt Taranaki. The third and final reading for Ngāruahine's settlement legislation, along with that of Te Atiawa and Taranaki, is expected later this year.... www.stuff.co.nz/taranaki-daily-news/82641290/gains-measured-in-the-millions-for-south-taranaki-iwi-since-treaty-settlement-signed
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