Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Significant Navy spend for NZ secured

18 October

Government tendering service secures significant Navy spend for NZ

New Zealand Trade and Enterprise’s (NZTE) Industry Capability Network (ICN) unit are looking for New Zealand companies capable and ready to help build seven new vessels for the Royal New Zealand Navy.

The search is on after ICN signed a relationship agreement with Tenix Defence Pty Ltd, Australia securing a minimum $110m worth of work to be carried out in New Zealand on the $500m Ministry of Defence (MOD) Project Protector.

Tenix was awarded the $500m Project Protector contract to build the ships in July 2004 with the last expected to be delivered by December 2007.

Industry Capability Network Director, Harold Williams, says six of the seven ships will have a large component built in New Zealand with four 55 metre, 340-tonne Inshore Patrol Vessels completely built and launched in Whangarei.

“This project represents a significant opportunity for New Zealand companies to participate in this major Defence Vessel project. While Tenix have committed to $110m worth of work coming to New Zealand companies, our suppliers need to be prepared to offer competitive prices alongside high quality products.”

Items that may be sourced from New Zealand include fabricated products ranging from stairs, bunks and other fitted internal fittings and furnishings as well as Rigid Hull Inflatable Boats and external fittings and components of the vessels’ mission system. Some modules of the vessels’ superstructure will also be built in Whangarei.

ICN has been working with the Ministry of Defence on Project Protector for nearly two years and has identified New Zealand industry capability for the five prime tenderers for Project Protector.

“Now that a contract with Tenix has been signed the next stage for the ICN is to assist in identifying potential local sub-contractors for the build phase of the Project.

“ICN will draw upon its extensive understanding of local industry capability to assist Tennix in identifying potential suppliers for the $110m New Zealand supply agreement.

“ICN’s goal is to help significantly exceed this $110m target. We encourage capable New Zealand companies to contact us so we can assess them and refer them on to Tenix where appropriate,” Harold Williams says.

ICN are a business unit of NZTE responsible for maximising opportunities for New Zealand companies in Government purchasing and in major New Zealand projects.

The seven new ships will be operated by the Royal New Zealand Navy. In addition to military tasks they will be extensively used by other government agencies to carry out their duties. These agencies include; New Zealand Customs, The Department of Conservation, Ministry of Agriculture and Forestry, Ministry of Foreign Affairs and Trade, Ministry of Fisheries, Maritime Safety Authority of New Zealand and New Zealand Police.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

RNZ: Porirua Most Expensive Region To Rent, According To Trade Me

A rental website shows this town is now New Zealand's most expensive region to rent a house, ahead of Wellington and Auckland cities. More>>

ALSO:


Stats NZ: Nearly 1,000 More Big Businesses Now Than Two Decades Ago – Media Release

There are now 2,690 big businesses in New Zealand employing more than 100 staff – nearly 1,000 or 58 percent more than 20 years ago, Stats NZ said today. Over the 20 years to February 2020, the total number of enterprises in New Zealand increased ... More>>

ALSO:

RNZ: Housing Boom Could Get Worse, Economist Warns

Economists are calling on the Reserve Bank to reinstate lending restrictions, warning the housing market is spiralling out of control. More>>

ALSO:

Westpac: Sets Out Plan To Go Cheque-Free

Westpac NZ has announced details of its plan to phase out cheques, after signalling in May that it would be supporting a move to other forms of payment. Cheques will cease to be available as a means of payment after 25 June 2021. Westpac NZ General ... More>>

ALSO:

NZTA: Major New Zealand Upgrade Programme Projects Go To Tender

Two major New Zealand Upgrade Programme projects are beginning tenders for construction. The New Zealand Upgrade Programme is a $6.8 billion investment to get our cities moving, to save lives and boost productivity in growth areas. The first Auckland ... More>>

Reserve Bank: RBNZ Seeks To Preserve Benefits Of Cash

The Reserve Bank – Te Pūtea Matua is taking on a new role of steward of the cash system “to preserve the benefits of cash for all who need them”, Assistant Governor Christian Hawkesby told the Royal Numismatics Society of New Zealand annual conference ... More>>

ALSO:


CERT NZ: Malicious Computer Virus Targeting New Zealanders

CERT NZ, the government agency which supports organisations and individuals affected by cyber security incidents, says a recent surge of increasingly sophisticated malware attacks is affecting everyday New Zealanders as well as large organisations. The ... More>>

ALSO:

Economy: NZ Small Business Recovery Continues In September

Xero, the global small business platform, today released its Small Business Insights (XSBI) for September revealing an uptick in small business jobs and year-on-year revenue growth in New Zealand. Nationwide, the average number of jobs in the small ... More>>

ALSO:


Courts: Businessman Eric Watson Sentenced To A Four-Month Jail Term

New Zealand businessman Eric Watson has been sentenced to a four-month jail term in the UK for contempt of court, TVNZ reports. More>>

OECD: Area Employment Rate Falls By 4.0 Percentage Points, To 64.6% In Second Quarter Of 2020

The OECD area employment rate – the share of the working-age population with jobs – fell by 4.0 percentage points, to 64.6%, in the second quarter of 2020, its lowest level since the fourth quarter of 2010. Across the OECD area, 560 million persons ... More>>

Spark: Turns On 5G In Auckland And Offers A Glimpse Into The Future Of Smart Cities

Spark turned on 5G in downtown Auckland today and has partnered with Auckland Transport (AT) to showcase some of the latest in IoT (Internet of Things) technology and demonstrate what the future could look like for Auckland’s CBD with the power of 5G. 5G is ... More>>

Stats NZ: Monthly Migration Remains Low

Since the border closed in late-March 2020, net migration has averaged about 300 a month, Stats NZ said today. In the five months from April to August 2020, overall net migration was provisionally estimated at 1,700. This was made up of a net gain ... More>>