It was hoped a health centre would be built but that was still under discussion, said Mr Bidois. Mr Bidois said the partnership was facilitated by Dr Ho Po Kin managing director of New Zealand Supreme Group of Rotorua.
"Ngati Rangiwewehi has significant interests in forestry lands and is the traditional owner of Taniwha Springs and Hamurana Springs," Mr Bidois said.
"We also look forward to working together with the local community, councils and government departments including DOC with whom we will have significant engagement through our advisers."
Dr Kin has been developing products based on traditional Chinese medicine in New Zealand for years.
"I realised, however, that Maori have their own traditional medicines and wellness culture that I needed to explore," he said.
"It quickly became clear there is a significant potential for co-development between Chinese and Maori in traditional Chinese medicine and Maori traditional medicine and wellbeing.
"Through my Rotorua contacts I learned that Ngati Rangiwewehi had a long and deep involvement in Maori traditional medicines and is developing their own plans for wellness and traditional medicines," Dr Kin said.
"I introduced Tong Reng Tang to Ngati Rangiwewehi and a strong relationship developed between them leading to a Heads of Agreement which was signed last month involving both parties and my company, New Zealand Supreme."