the podcast on
The Regional Development Minister says Mount Ruapehu is highly likely to open for skiing this year.
The Government has decided to split the running of the mountain's ski fields and is supporting two bidders to take over.
Whakapapa Holdings and Pure T奴roa Limited are now expected to purchase the assets and business from Ruapehu Alpine Lifts.
Minister Kiri Allan says only two more barriers are left to be crossed.
"75 percent of those that are owed a debt have to agree to the deal. And then the second- 50 percent of those shareholders that vote have to agree. Those shareholders are the life pass holders."
LISTEN ABOVE
Take your Radio, Podcasts and Music with you
Get the iHeart App
Get more of the radio, music and podcasts you love with the FREE iHeartRadio app. Scan the QR code to download now.
Download from the app stores
Stream unlimited music, thousands of radio stations and podcasts all in one app. iHeartRadio is easy to use and all FREE
