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Council keeps Central Plains Water afloat

Chris Hutching for NBR NZ Property Investor
Thu, 27 Sep 2012
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Selwyn District Council has made another loan to an irrigation company that has $16 million in accumulated losses.

The council has agreed to lend another $5 million to Central Plains Irrigation, a company set up about 10 years ago.

This comes on top of more than $2 million of council

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Chris Hutching for NBR NZ Property Investor
Thu, 27 Sep 2012
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Council keeps Central Plains Water afloat
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