December 07, 2022
Further lifeline for Ruapehu Alpine Lifts
The government is advancing a further $6 million in bridging funding to allow time to develop a rescue plan for Ruapehu Alpine Lifts.
The move comes after call to life pass owners to put in new funding failed to get the required level of support needed to support a new entity to operate the Tūroa and Whakapapa ski fields.
Tourism Minister Stuart Nash says after discussions with affected stakeholders, including other creditors and iwi, it has become clear that more time is needed to further explore options to avoid liquidation.
The Ministry of Business, Innovation and Employment and the Regional Economic Development & Investment Unit – Kānoa are working on an alternative commercial solution.
The $6m is in addition to the $2 million already extended to the organisation from the Crown.
Mr Nash says it means Ruapehu Alpine Lifts can maintain staff who are critical to the maintenance of the assets on the mountain, and enable it to operate next winter.
Closure would have a significant detrimental impact on the both the economies and wellbeing of local communities especially Ohakune.