1 00:00:00,080 --> 00:00:01,759 Speaker 1: Now I am so pleased to see that. New Zealand 2 00:00:01,800 --> 00:00:04,840 Speaker 1: Business Herald journalist Kate McNamara continues to ride about the 3 00:00:04,840 --> 00:00:07,680 Speaker 1: woes in the rue pay Who district. Why because the 4 00:00:07,720 --> 00:00:10,559 Speaker 1: ruapey Who region has been hit hard with indecision around 5 00:00:10,600 --> 00:00:13,360 Speaker 1: two ski fields. The sudden closure of the chateau two 6 00:00:13,440 --> 00:00:15,680 Speaker 1: years ago, followed by the loss of over two hundred 7 00:00:15,760 --> 00:00:19,440 Speaker 1: jobs when Windstone's pump, pulp and timber mills shut down 8 00:00:19,520 --> 00:00:22,439 Speaker 1: late last year, the region has taken a beating through 9 00:00:22,480 --> 00:00:25,639 Speaker 1: no fault of their own. Yesterday, McNamara focused on the 10 00:00:25,680 --> 00:00:29,720 Speaker 1: issues surrounding the majestic Chateau Tongurero Hotel, which has been 11 00:00:29,760 --> 00:00:32,879 Speaker 1: sitting in a derelict state for two years. It's a 12 00:00:32,920 --> 00:00:35,080 Speaker 1: sad sight at the base of RuPay Who. I don't 13 00:00:35,080 --> 00:00:37,879 Speaker 1: know if you've seen it recently. A desolate chateau, the 14 00:00:37,920 --> 00:00:40,960 Speaker 1: golf course over growing, an empty building surrounding it. The 15 00:00:41,040 --> 00:00:44,640 Speaker 1: area feels quietly paused in time, with no sense of 16 00:00:44,680 --> 00:00:48,360 Speaker 1: if and when it may spring back to life. Fokobaba 17 00:00:48,400 --> 00:00:50,280 Speaker 1: Holdings Limited, the company and the process of buying the 18 00:00:50,320 --> 00:00:53,360 Speaker 1: Fockapuba ski field, is keen to discuss the future of 19 00:00:53,400 --> 00:00:56,400 Speaker 1: the chateau with government officials. They're interested in taking on 20 00:00:56,600 --> 00:01:01,120 Speaker 1: historic shadow, reviving it, providing employment, an increase in tourism, 21 00:01:01,200 --> 00:01:04,280 Speaker 1: offering some economic stability for the region. The problem is 22 00:01:04,560 --> 00:01:07,320 Speaker 1: no one is really interested in talking to them. As 23 00:01:07,319 --> 00:01:09,559 Speaker 1: we've learnt with the ski fields, this is a complicated 24 00:01:09,600 --> 00:01:13,080 Speaker 1: region that requires sensitive conversations between government, the Department of 25 00:01:13,120 --> 00:01:16,840 Speaker 1: Conversation EWI, and other stakeholders. It was a struggle to 26 00:01:16,880 --> 00:01:19,840 Speaker 1: find the consensus over the ski fields, with some preferring 27 00:01:19,840 --> 00:01:23,000 Speaker 1: the continuation of a not for profit organization such as 28 00:01:23,040 --> 00:01:26,520 Speaker 1: the previous operator Ral, others preferring to hand things over 29 00:01:26,600 --> 00:01:30,280 Speaker 1: to private operators. Along the way, a lot of government 30 00:01:30,319 --> 00:01:33,720 Speaker 1: money was put into keeping the ski fields afloat until 31 00:01:33,720 --> 00:01:35,400 Speaker 1: it got to the point where the fields were too 32 00:01:35,560 --> 00:01:39,480 Speaker 1: expensive to fail, as was the prospect of closing them down, 33 00:01:39,560 --> 00:01:42,080 Speaker 1: removing all destructures from the mountain and returning it to 34 00:01:42,160 --> 00:01:45,200 Speaker 1: its natural state. Getting the chateau up and running again 35 00:01:45,280 --> 00:01:46,720 Speaker 1: is going to cost millions of dollars, but on the 36 00:01:46,760 --> 00:01:48,600 Speaker 1: right term, such as a thirty year lease in a 37 00:01:48,600 --> 00:01:52,360 Speaker 1: peppercorn rent, WHL will be willing to make the investment. 38 00:01:52,520 --> 00:01:55,480 Speaker 1: They've also done the research into the earthquake strengthening Lohich 39 00:01:55,520 --> 00:01:57,480 Speaker 1: needs to be done and believe it is not as 40 00:01:57,560 --> 00:02:01,720 Speaker 1: extensive as previously suggested. Look, this might not be the 41 00:02:01,760 --> 00:02:04,960 Speaker 1: deal which makes everyone happy, but frankly I don't see 42 00:02:04,960 --> 00:02:07,520 Speaker 1: anyone else queuing up to give it a go. Leaving 43 00:02:07,520 --> 00:02:10,960 Speaker 1: the chateau empty and decaying for years, possibly decades, at 44 00:02:11,000 --> 00:02:12,880 Speaker 1: the cost of around one hundred and fifty to two 45 00:02:12,960 --> 00:02:16,560 Speaker 1: hundred thousand dollars a month for maintenance when a possible 46 00:02:16,560 --> 00:02:20,639 Speaker 1: solution sits on the table is simply depressing. The government 47 00:02:20,720 --> 00:02:23,360 Speaker 1: needs to deal with the least termination agreement and pay 48 00:02:23,400 --> 00:02:28,120 Speaker 1: the previous operators, reopen expressions of interest and have some conversations. 49 00:02:28,320 --> 00:02:31,160 Speaker 1: Talking is almost always a good place to start, so 50 00:02:31,320 --> 00:02:34,639 Speaker 1: please take the call Luapa, who is an incredible part 51 00:02:34,680 --> 00:02:37,560 Speaker 1: of our country and one that deserves to be thriving. 52 00:02:39,000 --> 00:02:42,000 Speaker 1: For more from early edition with Ryan Bridge. Listen live 53 00:02:42,080 --> 00:02:45,120 Speaker 1: to News Talks it be from five am weekdays, or 54 00:02:45,160 --> 00:02:47,079 Speaker 1: follow the podcast on iHeartRadio.