Northern Motorway extension: Foreign farmland lease deal approved for Ara Tūhono Warkworth to Te Hana
AI Summary
A $3.1 billion farmland lease deal was approved to facilitate the extension of the Northern Motorway from Warkworth to Te Hana. This foreign farmland lease highlights infrastructure development and investment in New Zealand transport logistics.
Approval clears a $3.1b deal securing a farmland lease for extension of State Highway 1.
Markets Deals Real Estate Northern Motorway farmland lease New Zealand Warkworth Te Hana infrastructure investment transport