The Government has launched an ambitious initiative to establish New Zealand as a top destination for foreign direct investment , aiming to create-paying jobs and boost the economy.

“Invest New Zealand will streamline the investment process offer tailored support to investors, increasing capital investment in critical infrastructure, fostering innovation in key, and attracting-class talent to our shores,” says the Minister for Trade, Todd McClay.

Invest New Zealand will initially operate within Zealand Trade and Enterprise (NZTE) before transitioning to a new autonomous crown entity with a clear mandate to attract international capital, infrastructure investment, ideas, and expertise.

Meanwhile NZTE will focus solely on supporting Kiwi businesses to export more and expand into international markets.

Both agencies will retain all NZTE staff to help achieve the Government’s ambitious goal of doubling exports by value within ten years.

“This initiative will unlock tens of billions of dollars in global investment opportunities, significantly increase capital for key roading energy infrastructure, and make New Zealand a more attractive and predictable destination for investors.

“With Invest New Zealand leading the charge, we’re welcoming the world with open arms, streamlining processes, and supporting investors as they navigate our and commercial landscape,” says Mr. McClay.