• Full Story

Kiwi Crafar bidders will match Chinese conditions

Print

Fri, 17 Feb 2012 10:59a.m.

Sir Michael Fay

Sir Michael Fay

The New Zealand bidders for the Crafar farms, led by Sir Michael Fay, are promising to match a raft of conditions included in the Chinese deal.

The Chinese group agreed to public walking access through areas of the land and the creation of new jobs. It also offered a historic pa site to the Crown.

The Government says because Kiwi buyers don’t have to go through an approval process, it can’t “ask” Mr Fay’s group to match those conditions.

The Kiwi bid is about $30 million less than the amount offered by the Chinese.

3 News

Become a fan of 3 News on Facebook and on Twitter.

Post a Comment

Before commenting, please take the time to read our moderation guide


(Won't be published)



Comments