New foreign investment agency: the details

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