What’s at stake: The Port of Auckland is aiming for a $1.1 billion profit in a decade, with Auckland Council abandoning the plan to sell a long-term lease.
Background: After a period of market exploration and performance improvements, the Port of Auckland has opted against selling a lease, instead focusing on operational enhancements and fee increases to meet ambitious profit targets.
Key players: Mayor Wayne Brown, Roger Gray, Port of Auckland, Port of Tauranga, Auckland Council.
Auckland’s mayor Wayne Brown has confirmed the proposed sale of a long-term lease for the Port of Auckland is no longer being considered.
“We’ve taken time to explore all options for the port and test the market. It’s helped us understand what the opportunities are and what our expectations
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What’s at stake: The Port of Auckland is aiming for a $1.1 billion profit in a decade, with Auckland Council abandoning the plan to sell a long-term lease.
Background: After a period of market exploration and performance improvements, the Port of Auckland has opted against selling a lease, instead focusing on operational enhancements and fee increases to meet ambitious profit targets.
Key players: Mayor Wayne Brown, Roger Gray, Port of Auckland, Port of Tauranga, Auckland Council.
