Latest news and events relating to the world of enterprise finance, economics and business strategy
Joint projects on the drawing board for alliance
Aug 20, 2013
Cranleigh and Tuia Group are strengthening their ties through joint work on a number of projects across New Zealand.
The two companies formed an alliance last year to offer a full range of corporate advisory, finance, law services, business advice, economic development and international trade services for clients in the public and private sectors as well as Maori, Pacific and indigenous groups and organisations.
The alliance has several joint projects in the early stages covering commercial waterside development in a regional township, geothermal asset sales, marae education development and telecommunications.
Tuia Group is a bespoke advisory firm designed from inception to advise in the Maori economic development sector. “We are passionate about this space and dedicate our firm’s resources to this, says executive director Mike Taitoko (pictured above).
“Tuia’s strength lies in our proven ability to bring Maori and the commercial world together with a focus on unlocking potential and accelerating growth. We are about pulling together the threads of traditional values and modern commercial perspectives, with opportunity. By doing so the company delivers economic solutions that are greater than the sum of the individual threads.”
Taitoko says Cranleigh and Tuia bring complementary expertise in the areas of public sector governance, strategy, policy design, financial and investment advice, international trade relations and deep experience within the machinery of government.
Tuia Group’s government experience has been highlighted by the company’s extensive work as a key adviser to the Autonomous Government of Bougainville on managing the country’s significant resources and foreign investment. “The government is establishing an institution to screen investment proposals for approval by the state.”
In New Zealand, Tuia Group has been working for more than two years at the governance and operational level on the new $840 million Wiri Prison, developed as the government’s first public private partnership (PPP). Tuia’s work is aimed at supporting the delivery of programmes that will be effective with Maori prisoners and help to reduce reoffending.
At the iwi level, Tuia Group is helping iwi transition from pre- to post-settlement. Work has included providing legal expertise to establish iwi’s post settlement governance entities, introducing relevant investment concepts and explanation as to how these fit in with the settlement negotiations, investigating assets classes and sectors including government share programmes.
Tuia Group is also leading the development of Maori Engagement Guidelines for parties making applications to the Environmental Protection Agency. The types of applications that require engagement with Maori include, marine consents, resource consents for projects of national significance and importing/exporting hazardous substances and new organisms.