Otago is a leading region for tourism, superior wool
production, winemaking, design and specialised manufacturing,
the regional profile released yesterday says.
• Govt ups regional push
Economic Development Minister Steven Joyce released a set of
14 regional profiles at the New Zealand and Australia
Economic Development Forum to promote investment
opportunities in each region of New Zealand.
The Otago profile said Dunedin, the region's capital, was
home to the University of Otago, a centre of high-quality
learning. The university was creating investible
opportunities in advanced manufacturing and health
Queenstown, in Central Otago, was a world-famous tourist hub
offering investment opportunities in hotel, tourism ventures
and conference facilities.
Otago Chamber of Commerce past-president Peter McIntyre
welcomed the regional profile.
For a long time, Mr McIntyre, who was part of the group which
developed the region's Economic Development Strategy, had
asked for a stocktake on the region, to make clear what the
region had to offer.
The profile noted such things as 40 specialised manufacturing
firms, 93 patent applications per million people compared to
the New Zealand average of 72, 120 wineries, the South
Island's primary export port and two international airports.
A transport hub was essential for any region contemplating
economic growth, he said.
''This document shows us what we have to protect, where are
areas of growth are and what activities are likely to attract
central government funding,'' Mr McIntyre said.