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Promoting Investment in Dunedin

Promoting Investment in Dunedin

Dunedin, 1 April 2014 – An investment prospectus has been developed for Dunedin to provide valuable information for potential investors.

The prospectus is a generic, high-level “fishing “document which aims to elicit interest from businesspeople who are considering options to expand their businesses and ex-pats thinking of returning to New Zealand. It also encourages high net worth individuals/investors from New Zealand and offshore to seek further information about opportunities in Dunedin.

Co-ordinated by the Dunedin City Council’s Economic Development Unit, the investment prospectus aligns with projects under the umbrella of Dunedin’s Economic Development Strategy.

DCC Business Development Advisor Chanel O’Brien says work on the prospectus has been carried out in collaboration with the City Investment Panel, which is developing a cohesive approach to investment in the city under the strategic theme of ‘business vitality’.

“In addition, the document aligns to another strategic objective, ‘linkages beyond our borders’, proactively attracting more businesses and investment into the city.”

After consultation with businesses, support agencies, the tertiary sector and skilled migrants, the prospectus focuses on the key areas of health and education across the tertiary and business sector.

The internationally-recognised research capacity of the University of Otago, coupled with the market validation and product development capacity of the Otago Polytechnic, is a focus of the document, along with a wide selection of businesses that have started and grown in the city.

Opportunities are noted in areas such as education and learning, health technologies, design technology and niche manufacturing.

Ms O’Brien says the 37-page prospectus also features information on access to markets, infrastructure, resources, the regulatory environment, and business culture and lifestyle.

The investment prospectus has been endorsed by the City Investment Panel. This is a collaborative group of economic development partners, including New Zealand Trade and Enterprise, which is committed to generating market confidence and trust in Dunedin as a prime location for investment. The Panel also includes representatives from all the partners driving Dunedin’s Economic Development Strategy - the DCC, Ngāi Tahu, the Otago Chamber of Commerce, the Otago Polytechnic, the Otago Southland Employers Association and the University of Otago.

To see a copy of the prospectus, visit www.dunedin.govt.nz/services/business-support. The prospectus will go to the DCC’s Economic Development Committee on 7 April, for noting.

ENDS

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