New Zealand for You - Investment

New Zealand has a competitive, open economy, dependant on the growth of external trade. The population base of 3.5 million people is too small to sustain a strong domestic economy, making the development of external trade a priority. The standard of living is high on OECD ranking, creating a rising demand for the importation of goods and services to sustain the living standards, and necessitating the continuing evolution of value-added exports from the traditional agricultural base which still dominates our economy.

Prior to the 1980's the New Zealand economy was characterised by the production of unrefined agricultural commodities largely destined for Britain, the largest market. The domestic economy was marked by high tariff barriers erected against the importation of foreign manufactured goods, in favour of small manufacturers supplying the domestic market.

After the election of the 1984 Labour Government the economy was substantially de-regulated, eliminating artificial tariff barriers and opening the economy to international forces. As a result New Zealand is open to the importation of goods from any source, subject to laws instituted for the protection of consumers.

This has necessitated a radical revision of our export capacity, assisted by the freeing up of regulatory environment which had acted as a barrier to innovative exports. There has been a substantial shift away from the production of basic agricultural commodities for export to value-added manufacturers off-shore, accompanied at the same time by a drive for new export markets.

Exporting companies can be selected on New Zealand for You.

As a result of the radical restructuring of the New Zealand economy, New Zealand now has few barriers to international investment. New Zealand manufacturers and exporters have set up many joint-venture operations linking the international supply of venture capital to the ability of New Zealand and it's people to produce high quality product at a very competitive price, for example the wine industry, timber, the dairy industry, specialist foods and clothing. This also applies to the Tourism industry, which is now the largest earner of foreign exchange in the New Zealand economy.

Investment opportunities can be selected on New Zealand for You.

There are many institutions in New Zealand which act as contact points for those wishing to make investment inquiries, for example Chambers of Commerce in all major cities and regional centres.

Check New Zealand for You for these useful contacts.

Should you have any queries or require further information send email to info@nz4you.com

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