Launches Invest New Zealand
23 Jan 2025
On January 23, 2025, the Government of New Zealand introduced “Invest New Zealand,” a new agency that will initially be housed within New Zealand Trade and Enterprise (NZTE) and subsequently transition into an autonomous Crown Entity. This entity will be tasked with attracting international capital, infrastructure investment, ideas, and expertise. The Prime Minister of New Zealand emphasized that “Invest New Zealand will streamline the investment process and provide tailored support to foreign investors, thereby increasing capital investment across critical infrastructure, fostering greater innovation in key sectors, and attracting world-class talent to our shores.”
The new agency will prioritize the following areas:
• Attracting Foreign Direct Investment (FDI) into high-potential sectors to enhance productivity and innovation.
• Streamlining processes to significantly increase the capital available for investment in new and existing projects and enterprises, including banking and FinTech, critical infrastructure such as roading and energy projects, manufacturing, and private sector growth.
• Increasing research and development (R&D) investment in New Zealand by multinational companies.
• Encouraging skilled professionals to enhance domestic capabilities and establish global connections.
Nature of measure:
Type:
-
Promotion and facilitation (Investment facilitation , Other)
Industry:
Inward FDI:
No
Outward FDI:
No
Sources:
