Following the first sales of the government’s plantation forests in 1990, around 65% remained in New Zealand ownership. The remainder passed mainly to Asian companies.
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Te Ara – The Encyclopedia of New Zealand
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Source: Steve Britton, Richard Le Heron and Eric Pawson, eds, Changing places in New Zealand: a geography of restructuring. Christchurch: New Zealand Geographical Society, 1992, pp. 112–113
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