By 2005 more of the formerly government-owned exotic forests were in foreign ownership, and the number of companies involved had increased. Nearly 33% of the forests were owned by American companies, while around 13% were owned by Asian companies. Major New Zealand companies held a little over 7% of the exotic forest estate but, in addition to this, there was a significant proportion of New Zealand and foreign joint ventures.
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Source: Michael Edgar, ‘Who owns what, now?’ New Zealand Journal of Forestry 50, no. 3 (2005), p. 4
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