Investment prospectus signed off
An investment prospectus aimed at boosting the South Waikato’s business sector has been signed off.
The South Waikato Investment Prospectus, which features the likes of local business success stories as well as information about where opportunities may be in key community sectors, was signed off by the South Waikato District Council on Thursday.
The council hopes to use the prospectus as a marketing tool to attract new businesses and investors looking to relocate or invest in the area.
‘‘Mayor Jenny Shattock said the council has long been committed to attracting more jobs to the district and promoting the district as a desirable location.
‘‘We know we have a great offering as a destination for businesses and this investment prospectus gives us further opportunity to promote these advantages,’’ she said.
Chief executive Craig Hobbs agreed.
‘‘The South Waikato Investment Prospectus is an important tool in the council’s economic and district promotion efforts and the release couldn’t have come at a better time.’’
‘‘In 2016 the district had 1.3 per cent population growth, the first significant population growth in recent times. The year ending March 2017 also saw residential property values grow by almost 36 per cent, the second highest growth in New Zealand over that period.’’
Shattock said that businesses no longer need to be located in major cities.
‘‘Advances in the technology and transport sectors have unlocked the regions as ideal locations for business growth and investment,’’ she said
‘‘This coupled with the rising cost of living in major cities means more people are moving out of the likes of Auckland and Hamilton to take advantage of the opportunities that lay in areas like the South Waikato.’’
‘‘Our central location and cost effectiveness relative to other areas makes it a great option for potential businesses and residents.’’
The South Waikato Investment Prospectus is available via the council’s website and will soon be available from the Tokoroa and Putaruru Council offices and a number of other supporting outlets.