Iwi excited at big opportunities with major fisheries players
3 July 2015
Top of the south island iwi Ngāti Apa ki te Rā Tō have signed an agreement to lease their iwi crayfish quota to Port Nicholson Fisheries (PNFL) for the next 3 years, and Ngāti Apa ki te Rā Tō CEO Butch Bradley says this is a very positive step for the iwi.
“We are only a small quota owner, but to be a part of this large collective can mean increased returns on our quota and it opens the door to explore other beneficial options”. Bradley says.
PNFL are a wholly owned Maori company and have formed a collective which a number of iwi have joined, to seek better prices for their quota. PNFL announced recently that Aotearoa Fisheries Ltd (AFL) would also join the collective adding another 400 tonnes to make a total of over 640 tonnes of crayfish for the export market, which will make the collective the 2nd largest crayfish exporter in New Zealand.
This move is part of an overall refocus of the commercial thinking for Ngāti Apa ki te Rā Tō enabling the iwi to get better financial returns from their assets.
As well as the PNFL collective, the iwi are in a joint venture with another top of the south iwi Ngati Kuia, whereby they have leased their inshore fisheries quota to a local fishing company for the next 2 years.
Ngāti Apa ki te Rā Tō are also part of the 10 iwi collective, ‘Ihu to Mai’, who has secured a long term agreement for the lease the iwi deep sea quota to Sealord, which Bradley believes is another positive step for them.
“One of the obvious benefits is the potential to build relationships with other iwi who are already active in a variety of commercial areas. These are partnerships with like-minded iwi and Maori businesses that are aligned to the values of Ngāti Apa ki te Rā Tō and we all have a shared vision to create a productive and positive future”, Bradley says.
For further information, please contact:
Ph; 021 222 5064