The West Coast is ripe for new investment. Our main economic drivers - tourism, agriculture and mining are on a roll and only getting better.
Add to that a GDP of $1.16 billion1 and strong growth forecast in employment, visitor numbers and commodity prices and the opportunities are limitless.
1West Coast Indicators 2007 BERL
The Major Regional Initiative (MRI) is helping support and grow tourism on the West Coast. The MRI has enabled a series of tourism development projects throughout our region, from the development of the Oparara Walkway in the north to a Tourism Development Strategy in South Westland.
Numbers of non-residential building and resource consents issued on the Coast are trending upwards - a sure sign of economic and business confidence in the region. In the year ending December 2007 there were 187 non-residential building consents for new buildings issued in the region, worth a total of $36 million.
Find out about infrastructure indicators on the West Coast, including electricity consumption, state highway volumes and port volumes:
The West Coast is one of the country's fastest growing regional economies. The strong diverse base of our three driver industries - mining, agriculture and tourism, gives our regional economy extra capability to maintain growth and development.
The West Coast has a diverse base of driver industries helping to grow and enhance our region. These industries are contributing to employment growth, investment, the development of new business services, infrastructure and social and community services. Key industry sectors are:
E-commerce and ultra fast telecommunications allow people to live on the Coast and enjoy all the benefits of business, a great lifestyle and access to an incredible recreation spectrum.