Chatham Islands Enterprise Trust
The Chatham Islands Enterprise Trust was established to promote the economic development and well-being of the Chatham Islands. The trust’s activities are guided by a philosophy formulated in 2002 and refreshed in 2008.
Key industries on the Chatham Islands are farming, fishing and tourism, with a particular emphasis on eco-tourism. Chatham Island Enterprise Trust owns and operates the island's infrastructure companies.
Our Companies
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Key Information |
Chatham Islands Enterprise Trust
773 Owenga Road, P.O. Box 65, Chatham Islands 8942, New Zealand
Phone: +64 3 3050 066 Fax: +64 3 3050 248 Email:
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CIET Strategic Plan for 2013-14 now available
The 2013-14 CIET Strategic plan is available here (via Google Drive).
CIET 2012 Financial statements now available
The financial statements for the Chatham Islands Enterprise Trust for the year ending June 2012 are now available here. Statements for previous years are also available here.
Stage one of Shipping Plan completed
The Chatham Islands Enterprise Trust is pleased to announce the formation of a new shipping operation with 44 South Shipping Co Ltd (operated by Dennis Nisbet).
The business and assets of 44 South Shipping Co Ltd, previously based in Napier, have been purchased by a new operating company, Chatham Islands Shipping Ltd (CISL) of which the Trust holds a 51% stake and 44S a 49% stake. The vessel MV Baldur is now wholly-owned by the Enterprise Trust on behalf of the people of the Chatham Islands, via a separate asset holding company. Consequently, for the first time in history, the people of the Chatham Islands now own a controlling interest in our own shipping line; this is a major milestone for the Trust and for Chatham Islanders in our continuing efforts to ensure future prosperity for the Islands. It is the Trust's firm belief that the two major shipping issues, capacity and cost, will be addressed with this purchase along with the longer term proposals that will be put to the community in the coming months.
Chatham Islands Airport User Policy
The Chatham Islands Airport User Policy may be viewed or dowloaded here.
CIET Strategic Plan for 2012-13 now available
The plan may be viewed/downloaded here.
Chatham Islands Ports pricing schedule and conditions of business
The 2011-12 Chatham Islands Ports Pricing Schedule and Standard Conditions of Business are now available.
CIET Financial Statements and Audits
Financial statements and audit reports for the Chatham Islands Enterprise Trust are available for download below;
| Financial Year | Financial Statements | Audit Report |
| 2011/12 | Available here (pdf 18mb) |
(included) |
| 2010/11 | Available here (pdf 18mb) | (included) |
| 2009/10 | Available here (pdf 331kb) | Available here (pdf 378kb) |
| 2008/09 | ||
| 2007/08 | Available here (pdf 2mb) |
CIET Philosophy
The Chatham Islands Enterprise Trust has formalized and adopted the following philosophy:
(i) Management of the Trust:
- To administer the trust's capital and assets prudently as an endowment fund held on trust for the people of the Chatham Islands.
- To adopt policies, use consultants, and build enterprises which are appropriate to the small scale of the Chatham's economy.
- To take a long term view in planning, including the acceptance of business trading losses in the initial years where longer term viability is reasonably assured.
- To maintain the Head Office of the Trading Enterprise in the Chatham Islands and to operate its business using Chatham Islands resources to manage and staff the Enterprise where possible.
- To avoid investments in or guarantees to persons or businesses on mainland New Zealand undertaking a commercial service to the Chatham Islands.
- To recognize that a viable and growing fishing economy, a sustainable farming economy, and an effective local government council are pre-requisites to the success and commercial viability of the Trading Enterprise.
CIET Organisational Structure
Chatham Islands Enterprise Trust
773 Owenga Road, P.O. Box 65
Chatham Islands 8942, New Zealand
Phone: +64 3 3050 066 Fax: +64 3 3050 248
Email:
This email address is being protected from spambots. You need JavaScript enabled to view it.
2011/12 Strategic Plan released
This strategic plan presents the five year strategic intent of the Chatham Islands Enterprise Trust (“the Trust”) and its group of trading companies. The structure of this document is a strategic vision and program summary followed by a brief strategic program for each trading company.
Detailed company strategic plans and business plans have been developed in accordance with this plan. A standard strategic plan would consider an in depth analysis of the history of the Trust, a Political, Economic, Social and Technology analysis (“PEST”). This strategic plan does not attempt to undertake a current positional analysis but refers readers to various expert reports that have analysed the Island situation and also the position of the Trust on the Island.


![Rangatira approaching the Waitangi wharf [i]Rangatira[/i] approaching the Waitangi wharf](/images/ciet/ship-at-wharf-wide.jpg)