Ngati Tuwhareto is celebrating the return of 8500ha of Crown land to the iwi.
A Ngati Tuwharetoa partnership, the Tuwharetoa Settlement Trust (TST) and five other T?wharetoa entities, have finalised the purchase of 8500 hectares of Crown land in the central North Island. This includes around 4000 hectares of timber plantations.
The sale and purchase by Hautu-Rangipo Whenua Limited (HRWL), valued at $52.7 million, was marked at Rongomai marae today by Corrections Minister Peseta Sam Lotu-Iiga, Ta Tumu te Heuheu, CNI Iwi representatives, and representatives of the iwi partnership.
TST Chairman, Dylan Tahau, said the deal had significant strategic and commercial benefits for the iwi partnership.
"This is a major milestone for our iwi. To complete this purchase and have the land returned makes this a great day for Ngati Tuwharetoa.