The Chamber welcomes CCHL's thinking on future of assets

The Canterbury Employers' Chamber of Commerce welcomes Christchurch City Holdings’ paper released yesterday, discussing options for delivering more proactive management of some of our city’s most strategic assets.

Chief Executive Leeann Watson says: "The Chamber has long advocated for more strategic management of CCHL assets, even going as far as asset recycling to maintain sustainable rates rises and to stimulate better financial performance of the assets over the long term."

"Our members are at the heart of the Canterbury business ecosystem, and our city’s assets must be managed with foresight and agility.

"It's vital that our city’s assets and our infrastructure meet the long-term needs of Christchurch and support the sustainable growth of our region.

"CCHL’s recommended approach, including growing the city's asset pool and attracting external capital, is a good start and is the type of forward-thinking required."

The Chamber will continue to advocate for more agile and strategic asset management, alongside sustainable rates rises, in its submission on the Christchurch City Council Long-Term Plan next year.