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Economic development clear priority in 10-year plan

25 May 2012

Economic development clear priority in 10-year plan

Auckland Council has adopted a number of proposals for inclusion in its Long-term Plan (2012-2022) that will boost the region’s economy.

In deciding on projects for inclusion in the 10-year budget, councillors looked at those that would assist in creating jobs, and keep skilled workers in the region, contributing to transforming Auckland into an economic powerhouse.

Chair of the council’s Strategy and Finance Committee, Penny Webster, says it’s an exciting time for Auckland to be moving forward with projects such as innovation precincts at Wynyard Quarter and in Tamaki, and the development of a cruise ship terminal which will bring in international tourists to the region as well as boosting employment.

“These projects will not only create jobs, they will give talented Aucklanders a reason to stay in our city and play a part in its growth and success, and create a destination people want to visit.

“This budget is about balance, delivering efficiencies and savings for ratepayers, while also ensuring growth. The success of our economy is essential to generate money to go back into the communities, and we are confident innovative projects such as those adopted into the plan with deliver these results,” says Councillor Webster.

Economic development at a community level has also been given precedence in the plan through investment in a number of town centre enhancements and developments.

Local communities will see a boost in their own economies through the business, retail and community initiatives made possible with improved town centres.

There will also be continued investment in the New Lynn regeneration project and transformation projects in the city centre and Auckland’s north-west.

Some of the key regional investments include:
• Promoting international relations through existing sister city relationships
• Innovation Centre at Tamaki campus
• New Lynn regeneration project
• Cruise ship terminal
• Wynyard Quarter innovation precinct

At a local level, the council will be investing in town centre upgrades or developments at a range of locations including Papatoetoe, Pukekohe, Northcote, Onehunga and Mt Albert.

Auckland Council will adopt the final Long-term Plan on 28 June.

ENDS

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