Decision | Consent granted Section 12(1)(a) of the Overseas Investment Act 2005 |
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Decision maker | Toitū Te Whenua Land Information New Zealand |
Decision date | 3 July 2024 |
Pathway | Sensitive land – Residential land development (one off) |
Investment | Acquisition of a leasehold interest of up to 20 years in approximately 500 square metres of land at [withheld unders9(2)(b)(ii) of the Official Information Act 1982] |
Consideration | Withheld under s9(2)(b)(ii) of the Official Information Act 1982 |
Applicant | Amazon Kuiper New Zealand Limited United States of America 100% |
Lessor | Withheld under s9(2)(b)(ii) of the Official Information Act 1982 New Zealand 100% |
Background | The Applicant is a subsidiary of Amazon.com, Inc. It has been established to carry out the New Zealand operations of Project Kuiper, an initiative to launch a constellation of satellites to provide affordable broadband to customers in New Zealand and other parts of the world. The Applicant will install and operate telecommunications equipment on the land. The equipment will be used to provide broadband services to customers in New Zealand. Consent was granted as the Applicant has met the investor test and the non-residential use test. |
More information | Pavanie Edirisuriya DLA Piper Level 15, PwC Tower 15 Customs Street West Auckland 1010 |