Board of inquiry approves Tainui's Ruakura inland port designation

Tue, 05 Aug 2014

By Pattrick Smellie Aug. 5 (BusinessDesk) - Tainui Group Holdings and its partner in a massive land development proposal north of Hamilton are a step closer to turning earth following a draft approval to re-designate 800 hectares around Ruakura from rural to use for employment and residential purposes. TGH and Chedworth Properties are planning to spend around $3.3 billion over a 30 to 50 year development project that will create an industrial park, new housing and an "inland port" transport hub to marshall growing freight volumes between...

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