National convention centre network mooted by govt

The Government is testing the waters for developing a larger conference and conventions industry, raising the prospect of an international scale convention centre in Auckland costing hundreds of millions to build and capable of seating at least 3500 people.

The Ministry of Economic Development today released an expressions of interest document seeking views and ideas on the development of a National Business Events Strategy. Expressions of interest close on June 18.

Minister for Economic Development Gerry Brownlee said New Zealand was missing out on considerable economic benefits of such events.

"Conferences and conventions attract big-spending professionals, who like to experience more than just the conference. Capturing more of this high value expenditure would be of considerable benefit to the wider economy."

The most logical venue for an international scale convention centre was in Auckland, where a feasibility study estimated that almost 22,000 extra international visitors could be attracted, generating an estimated $85 million in tourism-related spending, Mr Brownlee said.

The Tourism Industry Association New Zealand has been calling for such a convention centre in the Auckland CBD, estimated to cost about $350m.

Currently the country cannot host a conference larger than 1500 delegates.

Mr Brownlee said New Zealand would need a large scale capacity venue, alongside an enhanced network of complementary smaller venues throughout the country.

"We also want views on how convention venues can work together more collaboratively, as a national network -- from one end of the country to the other."


Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

Comments & Questions

Commenter icon key: Subscriber Verified

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7449 -0.0003 -0.04%
AUD 0.9416 -0.0001 -0.01%
EUR 0.6383 -0.0006 -0.09%
GBP 0.5732 -0.0002 -0.03%
HKD 5.8159 -0.0047 -0.08%
JPY 82.7860 -0.0160 -0.02%

Commods

Commodity Price Change Time
Gold Index 1254.9 12.220 2017-07-21T00:
Oil Brent 48.3 -1.290 2017-07-21T00:
Oil Nymex 45.8 -1.190 2017-07-21T00:
Silver Index 16.4 0.112 2017-07-21T00:

Indices

Symbol Open High Last %
NZX 50 7670.9 7670.9 7670.9 -0.20%
NASDAQ 6383.1 6388.8 6390.0 -0.04%
DAX 12424.8 12464.1 12447.2 -1.66%
DJI 21591.7 21592.6 21611.8 -0.15%
FTSE 7487.9 7515.1 7487.9 -0.47%
HKSE 26777.4 26778.4 26740.2 -0.13%
NI225 20089.9 20135.3 20144.6 -0.22%
ASX 5761.5 5761.5 5761.5 -0.67%