Education Policy | Post Primary | Preschool | Primary | Tertiary | Search

 


Port of Tauranga economic impacts

Port of Tauranga economic impacts

In addition to the news that Port of Tauranga profits were up 25 per cent this year, a new report highlights the significant contribution the port makes to the regional and national economy.

The report commissioned by the Port of Tauranga and authored by regional economic expert Associate Professor Warren Hughes at Waikato University’s Management School details the crucial role the port is playing in generating wealth and employment.

“The port, either directly or indirectly impacts 41.6 per cent of Bay of Plenty employment and 5.1 per cent of New Zealand employment. Those are significant figures,” says Dr Hughes. From the June 2006 year, total revenue from the port operations was $121.9 million, double that of eight years ago, and two out of every five workers in the Bay of Plenty have a job in some way related to port activities. “Part of this rapid growth in revenue can be attributed to the integration of the MetroPort facility in South Auckland, the close links between the port and New Zealand’s water and rail services sector, kiwifruit export and further development of other fruit and vegetable exports.”

On top of that, says Dr Hughes, there are significant linkages to the cruise ships visiting the Bay, which together with the port-sponsored Ironman event, shows how the Port makes a significant contribution to developing and sustaining business sectors in the wider BOP region.

The current annual growth rate of the port’s influence on the BOP (7.7%) and New Zealand (5.0%) economies puts the port in a strong position regarding ongoing negotiations regarding port mergers and the Maersk decision on New Zealand port selection. “Should a waterfront stadium proceed with a consequent reduction in Ports of Auckland operations, the Port of Tauranga is well placed to expand operations in Onehunga and Tauranga to accommodate increased shipping requirements,” says Warren Hughes.

Copies of the report are available from alisonr@waikato.ac.nz

ends

© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 

Electronica: Restoring The World’s First Recorded Computer Music

University of Canterbury Distinguished Professor Jack Copeland and UC alumni and composer Jason Long have restored the earliest known recording of computer-generated music, created more than 65 years ago using programming techniques devised by Alan Turing. More>>

ALSO:

Scoop Review Of Books: Almost Getting Away With Murder

The Black Widow by Lee-Anne Cartier: Lee-Anne Cartier is the sister of the Christchurch man found to have been murdered by his wife, Helen Milner, after an initial assumption by police that his death, in 2009, was suicide. More>>

Howard Davis: Triple Echo - The Malevich/Reinhardt/Hotere Nexus

Howard Davis: The current juxtaposition of works by Ralph Hotere and Ad Reinhardt at Te Papa perfectly exemplifies Jean Michel Massing's preoccupation with the transmigration of imagery in a remarkable triple echo effect... More>>

Scoop Review Of Books: Nō Tāu Manawa

Vaughan Rapatahana responds to Fale Aitu | Spirit House by Tusiata Avi: "fa’afetai Tusiata, fa’afetai, / you’ve swerved & served us a masterclass corpus / through graft / of tears & fears..." More>>

9 Golds - 21 Medals: NZ Team Celebrates As Rio 2016 Paralympic Games Close

The entire New Zealand Paralympic Team, led by kiwi sprinter and double gold medallist Liam Malone as flag bearer, are on the bus to the Maracanã Stadium in Rio de Janeiro for the Closing Ceremony of the Rio 2016 Paralympic Games. There, they will celebrate the fantastic successes of the past 10 days. More>>

ALSO:

New Zealand Improv Festival: The Festival Of Moments To Return To The Capital

The eighth incarnation of the New Zealand Improv Festival comes to BATS Theatre this 4-8 October , with a stellar line-up of spontaneous theatre and instant comedy performed and directed by top improvisors from around New Zealand and the world. More>>

ALSO:

Get More From Scoop

 
 

LATEST HEADLINES

 
 
 
 
Education
Search Scoop  
 
 
Powered by Vodafone
NZ independent news