Invest NZ head Robert Wall on data centres, growth visas and incentives for foreign investment
Robert Wall, head of the new government agency Invest NZ, discusses the challenges of attracting foreign investment to New Zealand. He aims to boost productivity by modeling the agency after successful strategies in Singapore and Ireland.
Why it matters
The article examines New Zealand's economic strategy to improve lagging productivity and the realistic hurdles in competing for global capital.
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In Invest NZ terms Robert Wall is repatriated human capital.
A University of Canterbury engineer, he returned home after two decades in Toronto and London to take up the reins at the new government agency established to promote foreign investment.
The rel="" title="https://www.nzherald.co.nz/business/business-reports/capital-markets-report/governments-invest-new-zealand-agency-to-target-big-foreign-deals/premium/XKUJNU4YE5GVVPAFZQIWBEW3LA/">autonomous Crown entity is a year old after being carved out of New Zealand Trade and Enterprise. It was designed to feed funds to domestic enterprises and establish more foreign firms here, to fuel stronger growth, lift the country’s lagging productivity, and strengthen the Government’s claim it is “going for growth” and successfully making the country better off.
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