17 Mar 2008

Niue Government hoping New Zealand Government will provide millions for fishing operation

8:06 pm on 17 March 2008

The Niue Government is hopeful New Zealand will help meet some of the costs of the capital investment made on the island by the New Zealand based company, Reef Group.

The company says the operations, such as the fish processing plant are providing benefits for Niue and it has pushed the island to ask New Zealand for millions of dollars to pay for its share of the investment.

An Opposition MP, Terry Coe, says Reef should not be asking for such help, but Niue Finance Minister, Fisa Pihigia, says the New Zealand Government, in talks last week, was sympathetic.

He says the fish plant is a vital source of employment and has established Niue as a fish exporter.

"So I think it is a good thing for Niue. Although we cannot afford the amount we can always ask New Zealand if they can, in any way, see fit to assist."