The Country
  • The Country home
  • Latest news
  • Audio & podcasts
  • Opinion
  • Dairy farming
  • Sheep & beef farming
  • Rural business
  • Rural technology
  • Rural life
  • Listen on iHeart radio

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • Coast & Country News
  • Opinion
  • Dairy farming
  • Sheep & beef farming
  • Horticulture
  • Animal health
  • Rural business
  • Rural technology
  • Rural life

Media

  • Podcasts
  • Video

Weather

  • Kaitaia
  • Whāngarei
  • Dargaville
  • Auckland
  • Thames
  • Tauranga
  • Hamilton
  • Whakatāne
  • Rotorua
  • Tokoroa
  • Te Kuiti
  • Taumurunui
  • Taupō
  • Gisborne
  • New Plymouth
  • Napier
  • Hastings
  • Dannevirke
  • Whanganui
  • Palmerston North
  • Levin
  • Paraparaumu
  • Masterton
  • Wellington
  • Motueka
  • Nelson
  • Blenheim
  • Westport
  • Reefton
  • Kaikōura
  • Greymouth
  • Hokitika
  • Christchurch
  • Ashburton
  • Timaru
  • Wānaka
  • Oamaru
  • Queenstown
  • Dunedin
  • Gore
  • Invercargill

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / The Country

Government signs off on Chinese water bottling expansion in Whakatane

By Sophie Boot
BusinessDesk·
12 Jun, 2018 12:06 AM2 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

The company said it would invest $42.5 million to upgrade the existing plant and establish two bottling lines. Photo/123RF.

The company said it would invest $42.5 million to upgrade the existing plant and establish two bottling lines. Photo/123RF.

The government has granted a Chinese-owned company permission to expand a water bottling plant in Whakatane.

Creswell NZ, which is wholly owned by Chinese bottled water supplier Nongfu Spring Co, applied to buy freehold and leasehold interest in 6.2 hectares of land at Otakiri, near Whakatane. The land is classed as sensitive under the Overseas Investment Act because it is more than 5 hectares of non-urban land and borders conservation land.

Land Information Minister Eugenie Sage and Associate Finance Minister David Clark have granted the application, conditional on the company providing an additional 60 fulltime jobs within four years and getting the resource consents it needs under the Resource Management Act, they said in a joint statement today. The company still needs water permits and other resource consents from the Bay of Plenty Regional Council and Whakatane District Council before it can buy the land.

"The Overseas Investment Office recommended approval as Creswell NZ Ltd met the test to provide substantial and identifiable benefits to New Zealand," Clark said. "Specifically more jobs, exports, greater productivity and additional capital investment for the country."

Creswell has said it will spend $42.5 million to upgrade the existing plant and establish two new bottling lines, creating 32 jobs in the first two years and 60 once the plant is fully operational. The OIO can force Creswell NZ to sell the land if it does not create the jobs, Sage said.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

The government's bill to prevent foreigners from buying existing houses in New Zealand, the Overseas Investment Amendment Bill, is currently being considered by a select committee, which is due to report by June 21 before it has its second reading. Sage said that the Overseas Investment Act "will also be more widely reviewed this term."

- BusinessDesk

Save

    Share this article

Latest from The Country

The Country

Beekeeper advocacy group comes under pressure

The Country

The Country: Luxon on coalition friction

The Country

Man lost wife and daughter in Waiuku triple-fatal


Sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

Advertisement
Advertise with NZME.

Latest from The Country

Beekeeper advocacy group comes under pressure
The Country

Beekeeper advocacy group comes under pressure

Rifts among industry groups, charities and agencies in the beekeeping industry.

16 Jul 03:00 AM
The Country: Luxon on coalition friction
The Country

The Country: Luxon on coalition friction

16 Jul 01:42 AM
Man lost wife and daughter in Waiuku triple-fatal
The Country

Man lost wife and daughter in Waiuku triple-fatal

16 Jul 12:37 AM


Solar bat monitors uncover secrets of Auckland’s night sky
Sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

06 Jul 09:47 PM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP