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

 


Health and ecology business park announcement


International health and ecology business park announcement in Oamaru tomorrow will help boost the Waitaki

Japanese food technology company Nikken Seil will tomorrow unveil plans for its International Health and Ecology Business Park in Oamaru.

The New Zealand health and ecology project will be driven by Nikken Seil which is an arm of the Nikken Group in Japan which last year announced general plans to develop a world centre for health and ecology in North Otago.

The Japanese company will announce tomorrow when construction will start and reveal more details about their Oamaru business park opposite the racecourse.

Nikken’s presence and investment is playing a part in a growing North Otago economy, which when measured in 2001 had a gross annual domestic product (GDP) of $510 million.

Whitestone Waitaki Tourism sold 290,000 bed-nights last year which is an indication of a fairly healthy tourism industry.

After decades of economic decline, growth is evidenced by statistics which show North Otago is not losing population any more.

``We are becoming more populated again and we have finally broken the downward spiral,’’ Waitaki Development Board general manager Susan Houston said today.

Residential building consents issued in the Waitaki rose 80 percent in the 12 months to April.

This compared highly favourably with Central Otago which rose just 18 percent.

Visitors to the Waitaki were much higher than to Central Otago. For the year ended March Waitaki had 292,000 guest-nights, compared with 256,000 in Central Otago. Even Waitaki’s fledgling film industry is thriving. Films made or underway to date include the Lion the Witch and the Wardrobe, Kidnapped and Perfect Creature.

However, agriculture remains the mainstay of the Waitaki economy and building on that strength makes sense.

Oamaru is becoming known as the organics centre of New Zealand. There is a strong organic grassroots movement in Oamaru, which is also home to the annual New Zealand Organic Wine and Food Festival.

Ms Houston, who plays a key role in injecting life into the Waitaki, said Nikken Seil’s philosophy and huge investment would build on the district’s strength in organics.

``This should cement our drive to become known as the quality food capital of NZ. Nikken Seil has access to the markets in Japan and Japan has an overwhelming demand for quality food.

``If Nikken Seil did nothing more than connect us to those markets it would be a huge incentive for regional and national companies to get involved.’’

Nikken Seil spokesperson Kyoko Nakamura said they were hoping their centre would become a ‘’Japanese beachhead’’ in New Zealand.

They are also on course to open their International College of Health and Ecology in February 2006. The college would have been opened earlier but for a major fire at the ex-Teschemakers school site south of Oamaru in June last year.

Nikken own more than 350ha of fertile farmland south of Oamaru for an organics venture, the third part of their involvement in the district.

Copyright 2004 Word of Mouth Media NZ

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news