RMA under review in NZFriday 5 Apr 2024
As part of the wider RMA review, WPMA are advocating that the fast-tracking process also applies to reconsenting for large industrial activities on established sites, as these processes can often impact very significant projects. Wood processing investments are capital intensive and long lived. Once established the ‘sunk cost’ and ‘make good’ implications can be considerable, meaning that much of the focus of WPMA members has been on renewing and upgrading existing operations with excessive cost and uncertainty due to RMA restrictions resulting in less focus on new and innovative investments. Source: WPMA | ||
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