The region of South Canterbury is set to be rejuvenated with a planned new alliance between Port of Tauranga and PrimePort Timura, the joint venture will bring benefits not only to the community but also offer more trading opportunities especially for companies importing from New Zealand.
The agreement has come about due to the port of Tauranga purchasing a 50% stake in PrimePort at an estimated value of around $21.6 million. The terms of the new venture is that PrimePort will continue to manage the marine and fuel services along with break bulk service they run, and then all of the container terminal operations will be run by the Port of Tauranga.
It is believed that this new agreement is going to be large benefit to both parties. This is due to the knowledge that the port of Tauranga posses due to it’s current running of New Zealand’s number one port, and with this knowledge partnered with PrimePort Timura strategic position, it looks to be a match made in heaven and is going to make exporting and importing from New Zealand in the south island a lot easier.
The reason this is being touted as such a breakthrough move for companies importing from New Zealand is due to the ports location. The port itself lies in close residence to New Zealand’s largest area of irrigated agricultural land; the area also boasts the second largest diary processing plant in the world. These key environmental areas are all thanks to the surrounding agricultural area which has a crop growing rate that is more than double any where else in New Zealand which make it highly efficient. The area obviously attracts a lot of attention for companies who are producing for stuffs, and by the local ports improvement will make importing from new Zealand a lot more efficient for these overseas companies interested in the products the area can produce for them.
If you are planning to or are currently importing from New Zealand please contact us here at Eclipse Worldwide, with our strong partnership network and offices based in the North and South island of New Zealand we can assist with any requirements you may have whether is be air or sea.