Council-Controlled Bodies

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Council-controlled bodies are organisations which we have a 50 per cent or greater shareholding, or level of governance control over.

We have four joint venture forestry developments.

New Plymouth Airport is a 50:50 joint venture between the Crown and the council.

Taranaki Investment Management Limited (TIML) is 100 per cent owned by the council with independent directors.

Venture Taranaki is a council-controlled organisation with a governing board appointed by us.

The Yarrow Stadium Trust is a charitable trust and a council-controlled organisation under the Local Government Act 2002.