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New Zealand Middle East Business Council v 3. Contents. The Governments Economic Growth Agenda NZTE direction Middle East. Our starting point is the Government’s e conomic priorities. The new Business Growth Agenda. Business Growth Agenda.
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Contents • The Governments Economic Growth Agenda • NZTE direction • Middle East
Our starting point is the Government’s economic priorities
The new Business Growth Agenda Business Growth Agenda Lifting our export economy from 30% to 40% of GDP by 2025
How much of the $430 billion (!!) Australian mining/gas investment will come our way?
Can we help meet growing global demand for health technology and services?
Can we participate across the whole value chain? • High • Globalisation • R & D • Sales / After Service • Branding • Marketing • Added value • Design • Distribution • Manufacturing • Concept • Supply chain • Low • Production chain stages
Who do we partner with, for what reason, and how? Kingdom of Saudi Arabia Le Cordon Bleu
Contents • The Governments Economic Growth Agenda • NZTE direction • Middle East
NZTE: key facts 2000 customers • Crown entity, with private board • 550 people (50% offshore) • 36 international offices • $150 million budget (+$33mill grants) • Purpose: International growth • Building businesses in NZ • Partnering with businesses in market
NZTE Purpose Unleash the international potential of New Zealand businesses to build the nation’s lasting prosperity NZTE Focus Our Customers Grow ... Bigger, Better, Faster
NZTE is sharpening its focus Export goods earnings, year to June 2011* 2000 NZTE CUSTOMERS $36 billion 260 Companies earning >$25m $5 billion 460 Focus 500 Companies $5-$25m $3 billion 12,000 Companies < $5m Number of New Zealand exporters *Figures are rounded to the nearest billion and are for exports of goods only. **NZTE customer numbers include service companies *Figures are rounded to the nearest billion and are for exports of goods only. **NZTE customer numbers include service companies Source: Statistics New Zealand (generalised) Source: Statistics New Zealand (generalised)
… and organising and rationalising services Services Suite - A toolkit of repeatable offers that support customers to grow bigger, better, and faster internationally. BETTER BUSINESS Business Basics Regional Business Partners Mentoring Incubators Nzte.govt.nz & Export News Business Development Better by Strategy Better by Design Better by Lean Leadership & Performance GELP International Business Awards Capital Solutions Visiting Investor Programme Strategic Investment Fund Better by Capital GLOBAL REACH Channels & Partners Pathways Path to Market Global Networks Beachheads KEA / WCNZ ICN Project Link Market Service Research In-market support NZ Central Country business training Trade Missions IGF DOMESTIC MARKET GROWTH INTERNATIONALISATION
Capital for growth Plugging the gap!!
MFAT are leading the NZ Inc country strategies Progressing NZ Inc Country Strategies… China,India, Australia, USA,Middle East , ASEAN
New International Region Structure Greater China: Mainland China, HK, Taiwan Europe North America India, Middle East, Africa East Asia: Sth-East Asia, Japan, Korea South America AUSPAC: Australia, Pacific Note: Turkey included in Europe, Pakistan included in IMEA
NZ Inc Roles and Responsibilities MBIE Global-scale exporters Turn ideas into value MFAT NZTE Regional Economic Development Partners ATI Start ups Incubators VIF Create ideas
Contents • The Governments Economic Growth Agenda • NZTE direction • Middle East
NZ Inc Strategy Process PREPARATION DATA ANALYSIS, ENVT SCAN, LIT REVIEW, AGENCY RESOURCES BUSINESS INTERVIEWS STRATEGY DRAFTING WE ARE HERE: DEVELOP GOALS, PRIORITY ACTIONS, MINISTERIAL VISITS IN-MARKET WORKSHOP PRODUCT TESTING/APPROVAL BUSINESS WORKSHOPS MINISTERS ERD, CABINET
NZ Inc. Strategy for the Middle East The NZ Inc Strategy draft goals focus on: • Food security • Added value manufacturing and services • Connections • Political, defence, • security
Keep talking, keep listening • Feedback welcome!