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

 


Bay benefits from Tauranga campus

11 July 2014

Bay benefits from Tauranga campus

A tertiary campus in downtown Tauranga will generate benefits of $188 million over the next 20 years and provide a rate of return of more than 30% on the initial investment, a new report says.

The Bay of Plenty Tertiary Education Partnership – comprising the University of Waikato, Bay of Plenty Polytechnic, Te Whare Wānanga o Awanuiārangi and Waiariki Institute of Technology - has had plans for a CBD campus on the cards for several years.

Bay of Plenty Tertiary Education Partnership Steering Group chair Bill Wasley says the benefits of the project to the economic and social development of the region are clear and it shows what can be achieved when organisations work together.

“This project has been driven and supported by the community from day one and this report backs the community view that a campus development in Tauranga will be hugely beneficial to the entire region.”

The June Benefit Cost Analysis Report says the plan is robust and an “attractive investment opportunity” with low risk and the potential to impact positively on many key areas of the Bay of Plenty economy.

It would see nearly 6500 students commencing studies in Tauranga between 2015 and 2035 and provide more than 4000 graduates to the region.

Graduates will provide one of the “key benefits” from the development and this will be reflected in higher salaries and productivity gains for employers. The additional research possible through the campus will increase ‘the innovation, economic, environmental and social capacity of the city and region’.

The report, prepared by Professor Frank Scrimgeour from the Waikato Management School, shows the campus – while still reliant on funding - would also impact positively on attracting researchers and teachers, postgraduate students, international students, and retaining undergraduate students in Tauranga, along with allowing the development of new programmes for delivery in Tauranga.

University of Waikato Vice-Chancellor Professor Roy Crawford says the University-led campus development will deliver programmes and activities directly related to areas of economic development in the region.

“It will enable a step change in improving social, educational and economic outcomes for people in the region,” he says.

An earlier economic impact report showed that in 2013 the University of Waikato’s operations in the Bay of Plenty generated more than $8 million in GDP for the region and created 43 jobs.

“With a fully-fledged campus in downtown Tauranga, there will be more economic and community benefits and more jobs created, bringing real benefits to the region.”

ENDS

© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 

Fringe Review: Rossum’s Universal Robots

Written in 1920 by Karel Capek in a newly independent Czechoslovakia, its prophetic tale of artificial intelligence, automata and human morality was initially a big hit, but it then vanished from view, in New Zealand at least, before being revived in Hamilton last year. More>>

SELECT FRINGE SHOWS:

Pictures Of Media: Call For Photographs For Reimagining Journalism

In August this year Freerange Press is launching its next big book. This time we are gathering the best writers and thinkers in the country to look at the changing media landscape in New Zealand. To illuminate and give voice to the writing we want to include around 25 excellent photos. We want these photos to document the different aspects of how journalism is made, how it used to be, and how it is changing. More>>

Safer Internet Day: Keeping Safe Online More Important Than Ever

Tuesday 9 February marks Safer Internet Day. Safer Internet Day is designed to create awareness about the importance of Internet safety and encourages positive use of technology - with a strong focus on young people. More>>

ALSO:

We Have The Technology: Zephyrometer Up And Moving

“The needle’s stoppers had to be repaired because of the extra impact caused by the balance not being correct. We also added an extra 300kgs counter-balance – made from zinc coated steel triangle plates. These adjustments will now stop it bending low over the road in high winds.” More>>

ALSO:

Waitangi Day: Treaty Of Waitangi - Found In Translation

To celebrate the Society of Translators and Interpreters's 30th anniversary, over 90 translators will work together to translate the English and Māori versions of the Treaty of Waitangi into 30 languages... More>>

ALSO:

Northland Development: Trust Applauds $4m Government Funding For Art Centre

Today's announcement of central government support, made by Minister of Economic Development Steven Joyce, provides a key step forward in funding for Whangarei’s Hundertwasser Art Centre & Wairau Maori Art Gallery. More>>

ALSO:

Get More From Scoop

 
 

LATEST HEADLINES

 
 
 
 
Education
Search Scoop  
 
 
Powered by Vodafone
NZ independent news