Beyond Wilson Parking: NZ fails at strategy when it comes to foreign investment, academic says

Not all foreign investment has major positive spillovers, Natasha Hamilton-Hart says. (Image: NZME)

Thu, 30 Jan 2025

University of Auckland Business School professor Natasha Hamilton-Hart says if NZ wants to attract a lot more high-quality foreign investment, it has to do more than set up a one-stop shop for investment.She also argued that NZ needed to be more strategic about what it wanted from foreign investors because not all foreign investments had major economic spillover effects on the country.“For me, probably the worst example of zero spillovers of a positive sort would be Wilson Parking. No [complementary] jobs because you get a patch...

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