Japanese Get OK to Buy New Zealand Golf Links
Reuters
WELLINGTON, New Zealand —
The New Zealand government Friday conditionally allowed a Japanese investment firm to buy a premier golf course, overturning a ruling in September by the previous Labor government.
“Today I have given approval to the sale of the Wairakei Golf Course,” Lands Minister Rob Storey told a news conference. “Jobs, investment and an enhanced perception of New Zealand are major factors in this decision.”
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