June 09, 2014
Ngati Apa investing for growth
The chair of Ngati Apa says the Rangitikei-based tribe will have to invest aggressively if its treaty settlement is to keep pace with its growing population.
It has just bought the former Flock House farm near Bulls in a consortium with the giant Atihau-Whanganui Incorproation and a neighbouring farming family.
It also has commercial properties in Whanganui and Palmerston North.
Pahia Turia says it’s looking at converting one of its settlement forestry blocks for either cropping or livestock.
"It’s about getting balance across that investment portfolio to ensure we’ve got good growth. Farming’s not the greatest yield but we want to be engaged in land -oriented industries, just trying to look at what we have got and how we can maximize what we do have, not just in regard to our natural resources but also our people and the skills that exist amongst our people," he says.
FOR THE FULL INTERVIEW WITH PAHIA TURIA CLICK ON THE LINK
Copyright © 2014, UMA Broadcasting Ltd