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General Business
2 mins to read
3

Govt backs Tūroa skifield buy, Whakapapa gets ultimatum

Regional Development Minister Shane Jones says $7m to keep Whakapapa open this winter will be the last taxpayer funding available.

Funding for Pure Turoa Ltd is conditional on the company getting a DOC concession.

Tim Hunter Wed, 13 Mar 2024

The Government will invest $3.05 million in private company Pure Tūroa to help fund its acquisition of the Tūroa skifield, Regional Development Minister Shane Jones said today.

Meanwhile operations at the neighouring Whakapapa skifield on Ruapehu are on borrowed time, with Jones warning a $7m

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Tim Hunter Wed, 13 Mar 2024
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
Ruapehu Alpine Lifts Turoa Whakapapa Shane Jones Tama Potaka Department of Conservation John Fisk

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