Ngai Tahu is reported to be in talks with New Zealand Superannuation Fund over making a joint investment in infrastructure, specifically eyeing on state-owned enterprises that the Government plans for its partial privatization if it witnesses a win in the second term.

It is cited that a conglomeration between the two could facilitate liquidity that would be sufficient to take over cornerstone shareholdings in SOEs.

Besides, it would assist them to suppress the prohibition imposed on the Super Fund acquiring majority stakes in SOEs.

However, June McCabe, a former merchant banker and a member of the Maori Economic Development Taskforce, expressed his doubts over it, claiming it to be difficult to achieve.

"The capital market model is not well-developed. We should develop a Maori model. We need to bring bankers and institutions into the room and show them how this model operates", she outlined.

In addition, she outlined that the most essential requirement, in order to make huge investments in SOEs, is robust technical assistance and a change in the thinking process.

Iwi is cited to be highly obsessed with divulging capital in the Crown. Instead, it should seek to establish or at least participate in private investment structures, she further underlined.