Government signs off on Chinese water bottling expansion in Whakatane

Tue, 12 Jun 2018

By Sophie Boot June 12 (BusinessDesk) - The government has granted a Chinese-owned company permission to expand a water bottling plant in Whakatane. Creswell NZ, which is wholly owned by Chinese bottled water supplier Nongfu Spring Co, applied to buy freehold and leasehold interest in 6.2 hectares of land at Otakiri, near Whakatane. The land is classed as sensitive under the Overseas Investment Act because it is more than 5 hectares of non-urban land and borders conservation land. Land Information Minister Eugenie Sage and Associate Fi...

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