IKEA-linked firm buys 1118 hectares at Gore for forestry

International

Marion van Dijk/StuffSubsidiaries of Ingka Group, the largest worldwide franchisee of IKEA stores, have Government-approval to purchase 1118 hectares of farm land at Waimumu, near Gore, for foresty. [File photo]A southern councillor says selling farm land to overseas companies for forestry is short-term gain for long-term pain. Subsidiaries of Ingka Group, the largest worldwide franchisee…

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