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Land for Saudi prince

Sir, — Thank you for your editorial (March 24) on land for a Saudi prince. I personally hold the view that w'e may have committed a colossal blunder and created more than a dangerous precedent. As with agriculture, the- tourist and transport industries also appear desperately to need the injection of vast sums of money. Using the criteria and principles applied to the Coromandel deal it is hot hard to warrant the sale of an ailing Tourist Hotel Corporation complete with some of the best sites in the country to overseas interests. The sale of Air New. Zealand could well result in improvements in overseas freight services, dower costs and ah upsurge ■in tourism and exports. The sale of our railways complete with land could like-

wise be justified. Resultant benefits realised by these sales could well be massive and all argued to be in the national interest. — Yours, etc., J. E. BATT. March 25, 1980.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19800328.2.96.5

Bibliographic details

Press, 28 March 1980, Page 12

Word Count
159

Land for Saudi prince Press, 28 March 1980, Page 12

Land for Saudi prince Press, 28 March 1980, Page 12