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

 


Benefit to NZ too important for centre to be further delayed

Benefits to New Zealand too important for centre to be further delayed

Auckland Airport today welcomed the release of the Auditor General’s report into the process for developing a national convention centre, saying that the release of the report marks another milestone towards the eventual completion of a much-needed national convention centre.

Chief Executive of Auckland Airport, Adrian Littlewood, said, “We hope that this report signals the start of genuine progress. The opportunity to gain a large-scale international-quality convention centre from private investment, with the significant benefits it brings to the country, does not come along very often. Despite the tourism industry calling for such a centre for well over a decade now, and despite the various positive business cases for such a centre put forward by the public and private sector, until now a financially viable option had not been identified.”

“Because Auckland and New Zealand do not have a conference centre of sufficient scale to attract the big international conferences, we lose many opportunities each year to the cities like Melbourne and Brisbane that do. That means New Zealand misses thousands of additional visitors and millions of dollars in economic benefit each time. This has been the case for far too long now,” said Mr Littlewood. “As New Zealand becomes increasingly connected to the rapidly growing economies of Asia, the need for an international scale convention centre will only increase.”

An international conference centre is a significant gap in the current tourism and trade infrastructure and proposition in New Zealand, and the development of such a facility will offer considerable economic benefits by attracting more, higher-value, visitors. In addition, it would enable some of the aspirational visitor economy goals contained in the new Auckland Plan and in the goals of Auckland Tourism Events and Economic Development.

Mr Littlewood said, “Convention visitors are amongst the highest spending visitors per night, spending 4-5 times as much per night as the average daily visitor spend. In addition, conventions help improve shoulder and off-peak tourism, and encourage business and trade links between New Zealand and international delegates.

“As a tourism destination New Zealand is competing in an exceptionally tough global market. As a relatively small economy, New Zealand does not have the ability to fund all the investment in infrastructure needed to accommodate our national growth and living standard aspirations. Increasingly, this means that essential infrastructure investments such as this will require some level of private and public sector engagement. The tourism industry has been waiting a very long time for a national convention centre,” said Mr Littlewood, “let’s not lose sight of the bigger picture.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Trade Plans: Prime Minister's Speech To International Business Forum

"The work to improve public services, build infrastructure, and solve social problems is possible only because we have enjoyed sustained, solid economic growth. A big reason for that is the Government’s consistent agenda of economic reform, and our determination to open up more opportunities for trade with the world." More>>

ALSO:

Media: TVNZ Flags Job Cuts To Arrest Profit Decline

Chief executive Kevin Kenrick said the changes were aimed at creating "a sustainable future video content business for TVNZ in an ever-changing media market." More>>

ALSO:

Reserve Bank: Wheeler Keeps OCR At 1.75%

Reserve Bank governor Graeme Wheeler kept the official cash rate unchanged at 1.75 percent, as expected, and reiterated his view that the benchmark rate doesn't need shifting for the foreseeable future. More>>

ALSO:

Retail: Pumpkin Patch Brand, IP Sold To Catch Group

The receivers of failed children's clothing retailer Pumpkin Patch have confirmed that the company's brand and intellectual property have been sold to Australian online retailer Catch Group. More>>

ALSO:

Oil: 2017 Block Offer Petroleum Tender Launched

New Zealand is well-placed to take advantage of the economic benefits of oil and gas exploration, Energy and Resources Minister Judith Collins announced today at the launch of the 2017 Block Offer petroleum tender. More>>

ALSO:

OECD And Zero Carbon Reports: Environmental Pressures Rising In New Zealand

New Zealanders enjoy a high environmental quality of life and access to pristine wilderness. However, New Zealand’s growth model, based largely on exploiting natural resources, is starting to show its environmental limits with increasing greenhouse gas emissions and water pollution ... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news