Post by Kiwi Frontline on May 30, 2017 18:32:00 GMT 12
IWI QUERIES EXCLUSION FROM $1BN INVESTMENT OFFER
Far North mayor John Carter should have consulted Māori before signing the district up to a billion-dollar investment offer by a Chinese company, the leader of a Far North iwi says.
The mayor has signed a memorandum of intent with Tus Holdings, the business arm of a Beijing university, to explore investment opportunities in the Far North.
The Far North District Council narrowly approved the memorandum, by five votes to four.
The company has offered to invest up to $1 billion in the Far North over five years, in projects including geothermal development, tourism and rest-home care.
Te Rarawa chairman Haami Piripi said the first he heard of the deal was from the media, and he was wondering if the mayor had lost his phone number.
Far North deputy mayor Tania McInnes said the region needed investment, but she was also concerned the mayor rushed into signing without consulting councillors and local iwi.
Ms McInnes said now the deal was signed, the council should take a more careful approach and work closely with its Treaty of Waitangi partners in considering Tus Holdings' investment proposals. ....
www.radionz.co.nz/news/te-manu-korihi/331869/iwi-queries-exclusion-from-1bn-investment-offer
Far North mayor John Carter should have consulted Māori before signing the district up to a billion-dollar investment offer by a Chinese company, the leader of a Far North iwi says.
The mayor has signed a memorandum of intent with Tus Holdings, the business arm of a Beijing university, to explore investment opportunities in the Far North.
The Far North District Council narrowly approved the memorandum, by five votes to four.
The company has offered to invest up to $1 billion in the Far North over five years, in projects including geothermal development, tourism and rest-home care.
Te Rarawa chairman Haami Piripi said the first he heard of the deal was from the media, and he was wondering if the mayor had lost his phone number.
Far North deputy mayor Tania McInnes said the region needed investment, but she was also concerned the mayor rushed into signing without consulting councillors and local iwi.
Ms McInnes said now the deal was signed, the council should take a more careful approach and work closely with its Treaty of Waitangi partners in considering Tus Holdings' investment proposals. ....
www.radionz.co.nz/news/te-manu-korihi/331869/iwi-queries-exclusion-from-1bn-investment-offer
