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annual report

Regional economic development

Government is investing in regionally focused initiatives to enhance economic development opportunities. Kānoa - Regional Economic Development & Investment Unit (Kānoa - RDU) has been established to support delivery of these commitments. We also have a suite of Regional Economic Activity Tools that present social and economic data on our regions.

Executive summary

There is a significant growth story ahead for successful digital technology firms in Aotearoa New Zealand. Given our distance from markets, these companies are important because they are global from day one, have a lower environmental footprint on average, are not constrained physically so are scalable, and present a pathway to high paying jobs for more New Zealanders. These are some of the reasons for backing New Zealand’s digital technologies sector.

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