| Abstract: | ABSTRACT: This paper discusses the sale of the Government. owned irrigation projects in New Zealand, including the development of irrigation projects in New Zealand, the rationale behind the transfer of ownership to existing irrigators, the sale process, and the outcomes. The transfer of ownership to private entities was undertaken primarily to remove the Government from irrigation activities. However, the sales were also thought to have the poten. tial to improve the efficiency of the projects' operation. The sale process was a negotiated process so that maximizing revenues was not the primary objective of the government. In many cases the government paid irrigators to assume ownership of the schemes. Preliminary data suggest that schemes are being more efficiently operated under private ownership. However, additional data need to be collected on a systematic basis to determine the magnitude of any efficiency gains. |
