PrimePort Timaru is standing up well to disruptions caused by Covid-19, chairman Roger Gower says. JOHN BISSET/Stuff PrimePort Timaru is becoming a feeder port to deep water ports such as Tauranga. Port companies need robust and realistic business cases to ensure that these investments deliver the benefits expected of them. He welcomed Ryan’s report and his request that port companies consistently applied fair value in the valuation of property, plant, and equipment ensuring the performance of port companies was more transparent to stakeholders, Parliament, and the public. Ryan said some port companies’ previous investment strategies had not delivered as expected.

Source: Stuff July 06, 2021 16:52 UTC