Information sharing key for NZ Pacific Business Council

The New Zealand Pacific Business Council held its Annual General Meeting in Auckland on Thursday, November 9.

Chairperson Devin Brown led the AGM and remarked the Council was in good shape with stable numbers of members and the organisation hosting great events in 2017.

“It has reaffirmed the most important benefit we can provide to our members is information about opportunities in the region for New Zealand firms.”

Focus areas for the future include information sharing to members more effectively, delivering quality networking functions and facilitating an annual business mission.

The Council held a successful Business Mission to the Solomon Islands in September led by NZPBC Deputy Chair Paul Pledge and New Zealand Trade and Enterprise (NZTE) Graham Solloway. A highly successful event this year was the Renewable Energy Showcase held at Transnet NZ Ltd in Auckland.

The AGM focused on the future with the Council committing to increasing membership numbers and to provide information and opportunities for networking with businesses outside of Auckland.

New Zealand’s former Foreign Affairs Minister Murray McCully addressed the attendees following the AGM as key note speaker.

Mr McCully, who has always championed economic development in the Pacific, outlined the opportunities for the New Zealand private sector to engage with the Pacific’s own private sector as well as island governments.

He cited the success of the New Zealand Government’s partnership in Niue’s Matavai Resort, which he said helped nearly double tourism numbers to that country.

Mr McCully said there were many opportunities for New Zealand companies to participate in infrastructure and renewable energy projects, especially given that a number of the world’s leading funding agencies saw the renewable energy sector as a top priority to help the islands combat the effects of climate change.

Mr McCully has set up a consulting firm to work on economic development projects in the Pacific with a private sector focus.

The other presentations came from Brian Clayton of Chapman Tripp on IPP and Project Contract Agreements in the Pacific and from Peter Rowe of New Zealand Export Credit Office (NZECO) on mechanisms that NZECO can offer to mitigate country and non-payment risks.

The NZPBC provides members with networking opportunities with regular After 5 Networking events, LinkedIn and website and newsletter updates. It also provides advocacy and support for members.

For more information please contact Dev Nadkarni, Editor, Pacific Periscope on dev.n@pacifictradeinvest.co.nz

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