Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Conference Assistance Programme Worth Millions

Friday 20 February 2004

Conference Assistance Programme Worth Millions To NZ Economy

A unique conference assistance programme (CAP) is returning millions of dollars to the New Zealand economy.

“For every $1,000 invested in CAP it is returning $1 million to the New Zealand economy, which makes it a very worthwhile investment,” says Alan Trotter, CINZ Chief Executive Officer.

Run by Conventions & Incentives New Zealand (CINZ) CAP has been operating for six years. The programme cost just over $100,000 to set up and has so far resulted in $130 million of international association conference business coming to New Zealand.

“CAP is free to any association wanting to hold an international conference and helps organisers bid for the event to be held in New Zealand. A lot of people wouldn’t have any idea where to start and that’s what CAP is for,” Mr Trotter says.

CAP is the interface between the New Zealand convention industry and the members of CINZ and the medical, academic and scientific community.

“The programme is hugely successful with a 75 percent success rate to date, winning 63 out of 85 bids. The programme is showing a great return for a relatively small investment,” Mr Trotter says.

“The Conference Assistance Programme was instrumental in helping bring the International Union of Physiological Sciences (IUPS), the largest scientific convention ever to be held in New Zealand, to Christchurch in 2001. This convention involved over two and a half thousand delegates and injected around 20 million dollars into the New Zealand economy, and involved nineteen satellite conferences held throughout New Zealand.

“The conference market is a lucrative one for New Zealand and its worth to the economy is not given enough credence. There are also the other positive spin-offs such as the knowledge sharing and repeat business when conference delegates return for a holiday, often with family.”

Mr Trotter says that in general the conference market in New Zealand is looking very strong with international convention arrivals for the year ended November 30, 2003 up nearly 12 percent to 50,000.

For further information access

© Scoop Media

Business Headlines | Sci-Tech Headlines


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Health: New Zealand's First ‘No Sugary Drinks’ Logo Unveiled

New Zealand’s first “no sugary drinks logo” has been unveiled at an event in Wellington... It will empower communities around New Zealand to lift their health and wellbeing and send a clear message about the damage caused by too much sugar in our diets. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news