Christchurch Mayor Phil Mauger opposes selling any stake in Lyttelton Port Company

Christchurch Mayor Phil Mauger opposes selling any stake in Lyttelton Port Company
Lyttelton Port Company wants to increase its capacity for containers as part of an $850m project. (Image: LPC)
Oliver Lewis
Christchurch Mayor Phil Mauger says he is opposed to selling any part of Lyttelton Port Company, including a partial stake.Christchurch City Council owns the port – the third largest in New Zealand – via its commercial arm, Christchurch City Holdings (CCHL).As BusinessDesk reported last week, Lyttelton Port Company (LPC) is preparing a strategic case to take to CCHL and the council for its $850 million Te Awaparahi Bay expansion project, which builds on the current $50m reclamation.The project, which includes a new 380m berth, would...

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