Our port is still in catch-up mode. Our key focus is building new infrastructure to meet export demands while meeting best practice environmental compliance.
Despite appearances the port has not made an excess profit. Instead we have invested in gearing up for expected export volumes.
We hold a resource consent to extend the current Matawhero site further to meet increasing volumes through the port. We are working to complete the first two stages of this three-part project which will increase the current 1.5 hectares of log storage by an additional 2.8 hectares.
This extension will allow us to manage expected peaks in log storage more effectively.
We have been working hard to better understand the dynamics of the local marine environment that our port is exposed to. This work combined with the modelling and dynamic simulation work will help inform how we can invest most effectively to meet the growing demand for export services from the forestry sector.