New foreign investment agency: the details

Todd McClay will be the lead minister for the new foreign investment attraction agency. (Image: NZME)

Thu, 23 Jan 2025

Foreign direct investors will be wooed by a new agency, Invest New Zealand, as part of the Government’s new push to drive the economy out of its current long period of doldrums.Prime Minister Christopher Luxon has named Trade Minister Todd McClay to oversee the agency.Said McClay: “Invest New Zealand will streamline the investment process and provide tailored support to foreign investors, to increase capital investment across critical infrastructure, fostering greater innovation in key sectors and attracting world-class talent to ou...

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