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Tauranga acquires strategic land
08 Oct 2007
A 7.7-hectare former Norske Skog Tasman site has been acquired by the Port of Tauranga to supplement future bulk shipping opportunities.
Norske Skog
Including rail sidings and a two-hectare warehouse, the acquisition takes the port’s land holdings to 176 hectares of which 30 hectares are available for immediate development.
The port recently declared a comparable 22.4% rise in after-tax profit to NZ$37.97m ($28.1m) and 14.6% increase in revenue to NZ$140.3m ($104m).
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