An East Coast farmer says the Gisborne economy is likely to profit from the establishment of a new local Maori agribusiness network.
Te Tairawhiti Maori Agribusiness group was set up recently as a result of a hui for Maori farmers from the East Cape to northern Hawke's Bay.
The hui discussed the idea of working together and developing and branding products for several niche market opportunities.
Rongowhakaata farmer Stan Pardoe says the network will bring in more profit for the Gisborne region and help to market the area internationally.
Mr Pardoe says they could capitalise from products such as lamb and squash, which are prized in countries such as China and Japan.
He says over the years they have seen different meat companies come and go, but tangata whenua will remain forever.
Stan Pardoe says because of restructuring in the red meat industry, Te Tai Rawhiti farmers now have a chance to be a part of that, which is very exciting.