In­vest­ment prospec­tus signed off

South Waikato News - - Your Paper, Your Place - SOUTH WAIKATO DIS­TRICT COUN­CIL

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.

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