NEW ZEALAND

Investing in Taranaki

The big picture

Taranaki is New Zealand's energy hub, as well as an important dairy and food processing centre. Driven by a new economic development strategy, the region is rapidly diversifying into new energies, food innovation and tourism, creating fresh opportunities for investors.

Taranaki's long-standing energy industry has created an internationally-focussed economy. Investors can connect with a network of over 200 technical and engineering businesses spanning a wide range of specialised sectors. Thanks to the only deep-sea port on the North Island's West Coast, Taranaki also has a logistics edge for heavy engineering.

Taranaki's rich soils and coastal landscapes support a strong dairy industry as well as significant expertise in secondary processing and bio-extracts, with ample room for new investment in high-value and niche food production.

By the numbers

$8.1b
Taranaki GDP
in 2018 (NZD)

Source: Statistics New Zealand

$91k
Average Taranaki household income
in 2018 (NZD)

Source: Regional Economic Activity Web Tool, Ministry for Business, Innovation and Employment

4.8%
Taranaki's 2018
unemployment rate

Source: Regional Economic Activity Web Tool, Ministry for Business, Innovation and Employment

120k
Taranaki's 2018
estimated population

Source: Regional Economic Activity Web Tool, Ministry for Business, Innovation and Employment

Sector advantages

Energy and natural resources

There are plenty of possibilities for investors to sustainably capitalise on Taranaki's natural resources. Both the energy and primary production sectors take full advantage of the region's geology and geography, and the region's distinctive mountain-to-sea landscapes are also supporting new tourism ventures.

Regional success stories

Fonterra

Fonterra is a New Zealand-headquartered global dairy nutrition company and the world's largest dairy exporter, collecting 20 billion litres of milk a year. The company is committed to the Taranaki region, and has recently completed a $38 million investment in future-proofing its Whareroa site in Taranaki and a $32 million expansion of its cheese facilities in Eltham.

Dialog Fitzroy

Dialog Fitzroy (formerly Fitzroy Engineering) is one of New Zealand's largest heavy fabrication and multi-disciplined engineering companies, with a reputation for successfully delivering complex engineering scopes. Dialog Fitzroy is a division of Dialog Group Berhad, Malaysia. Recent projects include the management, design, construction and shipping of an oil recycling facility for Northern Oil Refineries in Australia, and the construction, fit-out and installation of a sub-sea restaurant for the Maldives.

Local support for investors

Venture Taranaki's mission is to drive and facilitate sustainable, diverse economic growth in Taranaki – positioning the region as a great place to do business, to invest, to live, to work, to learn, and to visit. They aim to be recognised as New Zealand’s leading experts in regional economic development.

Working in partnership with New Zealand Trade and Enterprise, Venture Taranaki offers investors a free, commercially neutral point of contact, free information and market intelligence, and access to a range of other useful services and events.

For more information about how we can help you uncover your next investment opportunity, send us a message and one of our team will be in touch with you shortly.

News, events and resources 

Check out the latest from NZTE.

View all
NZ Investment opportunities
Video
3:08
Last updated: 26 Jun 2018
Inside New Zealand's Food and beverage

New Zealanders are committed to producing world-class produce while also looking after the land and sea for future generations.

Watch now
NZ Investment opportunities
Resource
15 min
Last updated: 5 Dec 2016
New Zealand: Open for business

A guide to help inform potential investors about New Zealand when doing their country due diligence.

Download now
NZ Investment opportunities
Video
4:27
Last updated: 13 Jul 2019
New Zealand's energy and resources

Find out more about New Zealand's energy and resources.

Watch now

Contact our Investment team

For more information about how we can help you uncover your next investment opportunity, send us a message and one of our team will be in touch with you shortly.