Ports of Auckland's $120m revamp
The Auckland Council-controlled port releases its new "compact" development plan.
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A $120 million development plan will increase Ports of Auckland's footprint only a negligible amount, chief executive Tony Gibson says.
Unveiled in today's National Business Review print edition, the port company's preferred option is for a 6.6ha "compact" reclamation.
Sign-off by Auckland Council, which controls the port company, is crucial, Mr Gibson says, to stop more services "leaking" to rival Port of Tauranga.
How it could look: Ports of Auckland's expansion into Waitemata Harbour
With labour productivity gains – not a certainty as the port's industrial dispute drags on – and a revamped port area, with container services concentrated in the east, the port company believes it can more than double its freight capacity.
Auckland Council scrapped the Ports of Auckland's last plan, which would have cost $360 million and extended Bledisloe wharf by 283m.
Elsewhere in NBR print, business editor Duncan Bridgeman reveals Bill Liu, aka Citizen Yan, has brought a business associate into the troubled 450-unit Albany Heights housing project on Auckland's North Shore.
In other news, government documents show how officials covered their backsides over Mighty River Power director Trevor Janes' appointment to the ACC board last year.
In Ad Hoc, Victoria Young reports on overseas lessons for New Zealand media companies considering implementing paywalls on general news websites.
Meanwhile, University of Waikato Professor of Agribusiness Jacqueline Rowarth says with executive pay thrust into the spotlight by Solid Energy chief executive Don Elder's high-profile "gardening leave", boards would do well to consider "return on talent".
NBR Online staff
Fri, 05 Apr 2013
Fri, 05 Apr 2013
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Ports of Auckland's $120m revamp
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