June 30, 2014
China beckons for Maori business
A new report by Statistics New Zealand has identified China as the leading destination for goods exported by Maori authorities.
Tatauranga Umanga Maori 2014 is part of a multi-year research project to identify Maori authorities and collect statistics about them.
It found goods exported to China were worth $274 million in the March 2014 year, up 67 percent from the previous year.
Project manager Jason Attewell says Maori authorities tend to be based in rural areas, reflecting their predominantly land-based assets.
Fixed tangible assets accounting for 49 percent of the authorities’ total value, compared with 28 percent for total New Zealand businesses.
Mr Attewell says nearly all commercial businesses owned by Maori authorities have a clear vision or mission statement, compared with just 58 percent of businesses overall, and their drivers seem to be sustainability and providing for future generations.
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