The Government has launched Invest New Zealand, a new initiative aimed at making New Zealand a top destination for foreign direct investment (FDI). This agency will focus on attracting capital to critical infrastructure, fostering innovation, increasing R&D, and enhancing global connections. Incubated within New Zealand Trade and Enterprise (NZTE), it will transition into an autonomous agency to drive international investment and economic growth.
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The Government has launched Invest New Zealand, a new initiative aimed at making New Zealand a top destination for foreign direct investment (FDI). This agency will focus on attracting capital to critical infrastructure, fostering innovation, increasing R&D, and enhancing global connections. Incubated within New Zealand Trade and Enterprise (NZTE), it will transition into an autonomous agency to drive international investment and economic growth.
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The Government has unveiled Invest New Zealand, a bold new initiative designed to position New Zealand as a premier destination for foreign direct investment (FDI). By streamlining investment processes and offering tailored support to foreign investors, this programme aims to boost innovation, create higher-paying jobs, and grow the economy.
Key areas of focus include:
- Attracting FDI to high-potential sectors like Fintech, manufacturing, and critical infrastructure.
- Increasing capital investment in new and existing projects, including roading and energy.
- Boosting research and development (R&D) investment by multinational companies.
- Strengthening domestic capabilities by attracting skilled professionals.
Initially incubated within New Zealand Trade and Enterprise (NZTE), Invest New Zealand will transition to an Autonomous Crown Entity with a clear mandate to attract international capital and expertise. NZTE will be refocused on helping Kiwi businesses grow exports and expand internationally, with both agencies retaining current staff to support the Government’s goal of doubling exports by value in ten years.
“With Invest New Zealand leading the charge, we’re rolling out the welcome mat to the world,” said Trade and Agriculture Minister Todd McClay. “This initiative will unlock billions of dollars in global investment opportunities, make New Zealand a more attractive and predictable destination for investors, and support key infrastructure projects critical to our future prosperity.”