4 August 2006
Hauraki Iwi To Receive Fisheries Assets
Te Ohu Kaimoana and the Hauraki Maori Trust Board said today in a joint statement that the Trust Board has been
recognised as a Joint Mandated Iwi Organisation (JMIO) representing the 12 iwi of Hauraki.
The Hauraki Maori Trust Board Chief Executive Josie Anderson said Hauraki was delighted with the approval.
She said the return of the fisheries resources was a key plank of the board’ s strategic and economic development plans
and would be a big boost not just to Hauraki but also to the whole region. “Our focus is to establish the appropriate
commercial structures to manage these assets to achieve the best returns for our people.”
“Some preliminary work has been done and our aim is to have the administrative structures completed by the beginning of
the next fishing season,” Ms Anderson said.
The Chief Executive of Te Ohu Kaimoana, the Maori Fisheries Trust, Peter Douglas, said, “The leadership must be
congratulated for bringing together the Hauraki iwi for this achievement. Many iwi around the country acknowledge the
economic advantages of pooling their fisheries assets to achieve the best returns in the future.”
Te Ohu Kaimoana will transfer over $7.9 million. While they initially receive ownership of some deepwater quota, income
shares in Aotearoa Fisheries Limited and cash, the inshore, harbour, remaining deepwater and freshwater fishstocks would
be allocated once agreements have been reached with adjacent iwi. These agreements can be concluded when those adjacent
iwi have also been recognised as MIOs.
ENDS