Major Investments Strengthen NZ's Renewable Energy and Tourism Sectors
Two significant Malaysian investments have been announced during the visit of Prime Minister Rt Hon Christopher Luxon to Malaysia this week, reinforcing New Zealand’s position as an attractive destination for high-quality foreign investment.
On 28 October 2025, Yinson Renewables, a Malaysian-headquartered renewable energy company, confirmed plans to invest in New Zealand, with a pipeline of renewable energy projects expected to total around 1GW.
Yinson has been developing a pipeline of wind projects in New Zealand over the past four years, supported by Invest New Zealand.
“We are very pleased to see Yinson’s investments in New Zealand, which establish their presence as a key contributor to our infrastructure development. They bring deep expertise in renewable energy and will work alongside local partners and communities to progress their wind projects,” says Benny Goodman, General Manager of Invest New Zealand.
Also announced this week, Malaysian infrastructure conglomerate YTL Corporation Berhad has confirmed a $160 million investment in New Zealand’s tourism sector through the acquisition of the 225-room Hotel Indigo in Auckland. The deal marks the second-largest hotel transaction in New Zealand this year.
Both investments have received approval from New Zealand’s Overseas Investment Office (OIO).
“Announcements like these demonstrate that New Zealand continues to be viewed as a credible, stable, and attractive investment destination. They highlight the breadth of opportunity across our economy — from clean energy to high-value tourism,” says Goodman.
These announcements reflect the strengthening trade and investment ties between Malaysia and New Zealand and the growing confidence of global investors in New Zealand’s long-term potential.
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