Wellington is the capital city of New Zealand. It is the world's most southernmost city and also the cultural capital of NZ. Wellington residents display a high emotional well being and overall good health. The city dwellers enjoy a high sense of safety and share a sense of community despite greater cultural diversity. The city was among the fastest growing areas in NZ as per the June 2009 population statistics. Wellington Regional Chamber of Commerce has welcomed this population growth as a sign of confidence. The growth in population is a critical component in the city's growth as it increases business vitality and vibrancy of the city. The authorities feel the need to capitalize on this population growth by maintaining the pace in infrastructure development which will sustain the growth.
Wellington is a leading hub for creative industries such as film and computer technology. The New Zealand Stock exchange is also located in Wellington. The city is also called the Innovation Capital of New Zealand. The creativity and innovation can be seen by having a glance at the success stories of Wellingtonians in the areas of arts, technology and business. The Wellington City Council encourages this dynamic attitude of residents of the city by celebrating their success.
The development authority in Wellington has identified three key sectors for regional development.
1) Improve the supply and use of broadband.
2) Raise the standards of international gateways.
3) Adding value to Carbon free neutral region
NZ's Ministry of Economic Development has expressed interest in the development of broadband investment. Wellington recognizes the need of faster broadband access to ensure faster connectivity to the world which is critical for any business to survive. A broadband operating group has been specially established in Wellington to understand the potential demand from business if it has efficient access to high quality broadband infrastructure and supply. The organization is taking a series of actions to stimulate demand.
The regional authorities are also working on improved international connectivity and improving regional infrastructure to boost tourism and other industries. Enterprises in Wellington are committed to developing technology carbon neutral businesses. Investment in Wellington business is vital for globally changing businesses. The city has a database of investors which includes venture capital, private equity and foreign investment. Some of the major sectors of industries that promise tremendous growth in Wellington are Sustainable and Renewable Energy, Screen and Digital Technologies and Biotechnology and Life Sciences. Wellington is known as the global center of excellence for such industries. Wellington has a cost-effective and accessible labor pool. The work has a wide range of skills in various fields such as construction, maintenance, biotechnology and many other fields.
The Wellington Regional Strategy is growth strategy specifically designed to sustain growth for 20 years for the greater Wellington region. The strategy is supported by the region's nine local government agencies, central government of NZ and the region's education, business, research and voluntary sectors. The strategy includes building the Center of Excellence to develop and manage resources and framework. These centers are expected to be fully operational by the year 2010.
Besides this there are many workgroups and agencies in Wellington which have the expertise and experience to identify the right investment ideas that can help make your investment profitable.