Wellington City’s economy is not separate from the economies of neighbouring cities – the region forms a single economy. Nor can the various sectors of the economy – such as events, tourism, hospitality, screen production, and ICT – be considered separate from each other. The success of one sector inevitably contributes to the success of another, by making the city more prosperous, increasing opportunities available to residents, and attracting visitors, workers, and businesses.
Council has worked with Greater Wellington Regional Council and other local authorities to establish the Wellington Regional Economic Development Agency (WREDA), a single agency responsible for economic development, events, and tourism throughout the region.
The agency will provide a clear ‘joined up’ direction for economic development across the region, leading to higher growth, more jobs and stronger communities.
Wellington’s screen production sector thrills, inspires and amazes people here and around the world.
It is a vital and growing part of Wellington’s economy, employing 2000 plus people and contributing about $250 million in annual economic output. It also attracts tourists and contributes to regional identity.
However, the industry is also heavily dependent on one-off productions. A challenge is to create a growing and more continuous flow of projects. The Council proposes exploring with the industry the introduction of an enterprise zone. Key aspects of this could include simpler planning and rates processes, and support for an international higher education facility to meet the industry’s demand for skills.
The enterprise zone idea is in its early stages but gives an indication of the Council’s openness to supporting growth industries. Such a zone could be located in Miramar close to the airport, or as part of a new town centre included in the proposed East West link road.
ICT is Wellington's fastest growing business sector. One of the critical conditions for success in high-tech industries is opportunities for people to connect with each other, to share knowledge, ideas, innovation, investment, and pathways to national and international markets.
Wellington’s compact central city naturally encourages these connections, but more can be done to support the sector. A central city tech precinct offers opportunities to foster growth in high-tech companies, and to encourage connections between start-ups, established businesses, training providers and others in the sector, bringing innovation, skills, jobs, and prosperity.
Wellington City Council proposes to establish a "tech hub" to help high-tech start-ups connect with funders, investors, and international speakers. The hub would comprise an inner-city premises or precinct where tech start-ups could co-locate.
71% Feedback received that supports our overall plan
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72% Feedback received that supports this idea
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