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

 


Wellington businesses work to rebuild Canterbury


Two Years After The Quake, Wellington Businesses Are Helping With The Rebuild
________________________________________

February 22nd will mark the second anniversary of the devastating Canterbury earthquake. Two years on and the Canterbury rebuild has now begun to gain serious momentum.

Grow Wellington, working with a number of private and public enterprises, is supporting an initiative that examines the collaboration and new business opportunities that the rebuild presents for Wellington companies. WellCan will take place on the 4th of March and will feature a number of speakers, including Wellington businesses already working in the region and Canterbury businesses looking for new collaborations, products, services and manpower.

“The WellCan Forum, and other initiatives like it, offer the opportunity to ensure that the legacy of the Canterbury quakes can also be the new collaborations, innovations and enterprises that have and will emerge in its wake.”
Says Grow Wellington CEO, Gerard Quinn.
“As the Wellington regional economic development agency, it is our responsibility to encourage and facilitate this, particularly as it benefits both Canterbury and Wellington business”.


The latest estimates put the total cost of the rebuild at around 30billion NZD. While construction will always be the major component of the recovery the rebuild extends well beyond just that. There are significant design, infrastructure, social and service-based needs that have to be met by businesses not only to restore Canterbury but to capitalise on the opportunity to create a truly modern and sustainable South Pacific city.


What the figure also reveals is that the Canterbury rebuild is a project that requires skills, resources and labour from outside the region itself. Wellington businesses, with their strengths in design, services, and digital innovation not to mention the physical proximity to the South Island, are ideally placed to meet this demand.


These companies include those like Catalyst IT, a specialist in open source software that merged with Christchurch open source software company Egressive in a move that has bought substantial benefits to both companies. Or, law firm Minter Ellison Rudd Watt’s post-quake relationship with Christchurch firm Lane Neave that has given the latter additional capacity, particularly in property and construction law.


While these Wellington companies and others are already working on rebuild projects, there is a need for many more. The WellCan forum aims to assist local businesses to meet this need and be part of the largest economic project ever undertaken in New Zealand.

The forum will be opened by Wellington City Mayor Celia Wade-Brown and will feature Christchurch businesses and officials as well as some of the Wellington businesses already engaged with the rebuild. It is free to attend and businesses and individuals will need to register here.

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Statistics: Business Research And Development Up 29 Percent

Computer services and machinery manufacturing firms led the way in an almost 30 percent lift in business spending on research and development (R&D) in 2016, Stats NZ said today. Businesses spent $1.6 billion on R&D in 2016, up $356 million (29 percent) from 2014. More>>

ALSO:

China Shopping: NZ-China FTA Upgrade Agreed Among Slew Of New Deals

New Zealand Prime Minister Bill English and China Premier Li Keqiang signed off a series of cooperation deals spanning trade, customs, travel and climate change and confirmed commencement of official talks on an upgrade to the nine-year old free-trade agreement between the two countries. 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:

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:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news