Govt incentive plan attacked
PA Wellington The Labour member of Parliament for Manurewa (Mr R. D. Douglas) has attacked what he called “a nonsensical export incentive allowance” that the Government has agreed to give to the consortium planning to build the second aluminium smelter in the South Island. Mr Douglas said that the Minister of Energy (Mr Birch) was going into crucial negotiations on the smelter “totally unprepared and confused on key basic issues.” “It is now clear that to earn an additional $45 million gross ($3O million net) in overseas funds a year, the Minister has agreed to give the Fletcher-C.S.R.-Alus-
suisse consortium $2O million a year in export, incentives,” Mr Douglas said. He called the proposition “economic madness” that could not. be condoned ' and that trying-to buy prosperity in that way was bound to fail. According to Mr Douglas it was becoming clearer every day that there were serious omissions .in rthe Government’s planning/ “There has 'been no indepth research/ no evaluation of future consequences, no estimates of the' alternative uses for; the power, and . apparently not even a basic; briefing of the Ministers who are. supposed to be in charge of the negotiations.
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Press, 4 September 1980, Page 9
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196Govt incentive plan attacked Press, 4 September 1980, Page 9
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