Sharechat Logo

Napier Port Welcomes Inland Port Funding

Wednesday 1st July 2020

Text too small?

Napier Port (NZX.NPH) today welcomed the Government’s announcement of financial support to bring forward the development of a new 12ha inland port south of Napier.

Through its infrastructure funding initiatives the Crown has approved in principle approximately $20m for the development of Napier Port’s inland port at Whakatu, situated between Napier and Hastings in the centre of Hawke’s Bay’s future industrial hub. 

The Government funding, subject to further due diligence and contract negotiations, and combined with a contribution from Napier Port*, will fund the first phase of the development including: paving, the reopening of the neighbouring rail siding and potentially the construction of a cool store, cross dock or warehouse. See link for detail. 

Napier Inland Port Funding




  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Heartland announces FY20 full year results
Geo Limited releases its FY20 Annual Report
Michael Hill International Limited announces 2020 annual report
Tower supports climate risk reporting
Tourism Holdings Limited Updated FY20 guidance
The Bankers Investment Trust Plc- Issue of Equity
Oio Consents to Acquisition of Metlifecare
Summerset Considers Retail Bond Offer
Z seeks previous corporate employees for remediation payment
SkyCity Announces Full Year Results

IRG See IRG research reports