Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Waikato aviation sector gets Govt. investment

Wednesday 13 April 2005 Media release

Waikato aviation sector gets significant government investment

A boost to Waikato’s aviation capability is expected to increase exports and help secure future training, research and investment in New Zealand’s burgeoning aviation industry, says Industry and Regional Development Minister Jim Anderton.

Aviation Waikato, owned by Waikato’s lead economic development agency, The Katolyst Group, will receive up to $2 million from NZ Trade and Enterprise’s regional partnership programme for a Major Regional lnitiative (MRI) to establish an Aviation Park at Hamilton International Airport. Participants will manufacture light aircraft and train pilots for the global market.

An associated Aviation Centre will develop and manage a cluster of companies that aim to sell replacement parts for fleets of light aircraft around the world.

Aviation Waikato will also work with training providers, Waikato University, Wintec and others to develop programmes to support engineering and manufacturing skills training for the aviation industry.

Jim Anderton said that the aviation industry provides a global showcase for New Zealand’s innovation and talent in the specialised manufacturing sector.

“On the back of a highly talented workforce and extensive experience in servicing some of the world’s leading firms - our international maintenance, repair and overhaul services are expanding.

"Innovation is also leading to a growth in aircraft manufacture, using new technology to design and create world-class aircraft to suit customers’ needs worldwide,” the Progressive leader said.

An economic impact report prepared for NZTE estimates that the Waikato aviation industry currently generates $50million a year in revenues. The establishment of Aviation Waikato is expected to increase yearly revenues by $7 million- $15million a year.

Katolyst Group chief executive, Graham Smith, says the MRI forms part of a major thrust for economic growth within the Waikato region.

“NZTE’s investment will be a catalyst for a vibrant and growing aviation industry that will enhance exports of value-added manufactured products and provide skills training for future growth,” Mr Smith said.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>

ALSO:

Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>

ALSO:

More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>

ALSO:

Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>

ALSO:

General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news