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

 

Convention centre deal welcomed boost for city, says Chamber

Convention centre deal welcomed boost for city, says Chamber

The proposed purpose-built convention centre and five-star hotel for Wellington has real potential to deliver opportunities to the city and the region, says Wellington Employers’ Chamber of Commerce Chief Executive Raewyn Bleakley.

“Having an international company setting up business in the centre of the city will advance Wellington’s brand and our growing reputation as a place to do business.

“With 14% of the convention market, Wellington is well-placed to capitalise on the strength of a purpose-built convention centre and a five-star hotel. This will be a real draw card for the city.

“It will bring in more high-value visitors and help drive air connectivity.

“It will also allow us to showcase our strengths – our tourist attractions, our environment, our ICT sector, and our education sector, as well as making us more attractive to businesses and organisations looking for good access to government.

“Wellington’s entertainment, dining and existing accommodation sector will all likely benefit from the higher numbers of convention attendees.

“It is vital that the business case stacks up and can show a good investment for ratepayers, though I am heartened by the early assurance from the council that there will be no capital investment or construction risk for the city.

“If that is the case, this could well be a win-win which will show big benefits for the city and the region for many years to come.

“I’d like to congratulate all those involved for getting the proposal to this point. There has clearly been a lot of work going on behind the scenes.”


Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Bell Gully: Uncertainty Ahead With New Unconscionable Conduct Legislation

new prohibition against ‘unconscionable conduct’ in trade is one of a number of changes to the Fair Trading Act 1986 that come into force from 16 August 2022. The new prohibition may have wide-ranging implications for many businesses... More>>


Statistics: Food Prices Increase 7.4 Percent Annually
Food prices were 7.4 percent higher in July 2022 compared with July 2021, Stats NZ said today... More>>



REINZ: Market Activity And Prices Continue To Ease, First Home Buyers Start To Return To The Market

New Zealand’s winter property market continues its recent trend, slowing from the pace of sales and price rises of last year — properties stay on the market longer and median prices dip... More>>



Kiwi Group Holdings: Fisher Funds Acquires Kiwi Wealth Business

Kiwi Group Holdings Limited (KGHL) today announced the sale of Kiwi Wealth to Fisher Funds for NZ$310 million... More>>



Retail NZ: Welcomes Return Of Cruise Ships

“Cruise visitors were big spenders in retail prior to COVID-19, and retailers in Auckland will be celebrating the arrival of P&O’s Pacific Explorer this morning... More>>



ASB: Full Year Results: Building Resilience Today And For Our Future

In its 175th year, ASB has reported a cash net profit after tax of $1,418 million for the 12 months to 30 June 2022, an increase of $122 million or 9% on the prior year... More>>