A long-awaited project at Port of Tauranga has the green light.

The Stella Passage development will extend container berths and wharves, after getting fast-track approval, subject to conditions.

Payments will also be made to the local marae as part of 'cultural mitigation'.

Port CFO Simon Kebbell says it'll be two and a half years before it's finished.

"It's probably going to take six months to stand up for construction, so there will be consent conditions that we have to meet first, to get our contract in line - and then it's a two-year building time."

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A long-awaited project at Port of Tauranga has the green light.
The Stella Passage development will extend container berths and wharves, after getting fast-track approval, subject to conditions.
Payments will also be made to the local marae as part of 'cultural mitigation'.
Port CFO Simon Kebbell says it'll be two and a half years before it's finished.
"It's probably going to take six months to stand up for construction, so there will be consent conditions that we have to meet first, to get our contract in line - and then it's a two-year building time."
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Simon Kebbell: Port of Tauranga CFO on the port getting approved for an expansion

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/690196b7-c682-4d72-afdc-b4be0063da02/transcript