1 00:00:00,280 --> 00:00:03,680 Speaker 1: The government's Big Investment Summit kicks off today in Auckland. 2 00:00:03,880 --> 00:00:05,920 Speaker 1: There will be more than one hundred capital funds and 3 00:00:06,040 --> 00:00:10,160 Speaker 1: construction companies and infrastructure experts will be in town. Of course, 4 00:00:10,160 --> 00:00:12,760 Speaker 1: the purpose of the event is to highlight upcoming partnership 5 00:00:12,760 --> 00:00:16,240 Speaker 1: opportunities for overseas investment right across the New Zealand's economy 6 00:00:16,560 --> 00:00:19,560 Speaker 1: and we're praying and hoping and believing that will boost 7 00:00:19,600 --> 00:00:22,599 Speaker 1: growth and Auckland Business Chamber of CEO Simon Bridges will 8 00:00:22,720 --> 00:00:25,440 Speaker 1: be there and joins me. Now, hello, Simon, looking forward to. 9 00:00:25,360 --> 00:00:28,400 Speaker 2: It morning, Andrew. Yeah, Well, well I'm glad you're praying 10 00:00:28,400 --> 00:00:30,120 Speaker 2: for it, because that's important. 11 00:00:30,600 --> 00:00:34,320 Speaker 1: How big a deal is this? You know, is it 12 00:00:34,320 --> 00:00:36,120 Speaker 1: going to work? Is it going to live up to 13 00:00:36,159 --> 00:00:36,720 Speaker 1: the hype? 14 00:00:37,320 --> 00:00:39,559 Speaker 2: Yeah? Look I believe so. You've got the makings of 15 00:00:39,560 --> 00:00:42,640 Speaker 2: a strong event. Is the US today afternoon for the 16 00:00:42,640 --> 00:00:45,120 Speaker 2: Poephrey and the opening Prime Minister made a short I 17 00:00:45,159 --> 00:00:47,480 Speaker 2: think s extinct statements. I mean what he talked about 18 00:00:47,560 --> 00:00:49,879 Speaker 2: really was we're open the business of the world, and 19 00:00:49,920 --> 00:00:52,240 Speaker 2: you know it's very much and keeping what they've already said. 20 00:00:52,240 --> 00:00:55,080 Speaker 2: You know, they've started investing ZRE this year, they've they've 21 00:00:55,080 --> 00:00:59,680 Speaker 2: done their migrant visitors settings is doing the international set 22 00:00:59,680 --> 00:01:02,160 Speaker 2: piece is so it was very much in keeping with that. 23 00:01:02,240 --> 00:01:03,960 Speaker 2: I mean. The other thing I thought he said, which 24 00:01:04,080 --> 00:01:07,760 Speaker 2: was interesting and absolutely correct, is you know, a very volatile, 25 00:01:07,880 --> 00:01:11,640 Speaker 2: uncertain world, New Zealand's a safe haven for investment relatively. 26 00:01:11,640 --> 00:01:14,000 Speaker 2: You know, we're Western, we're English speaking, all of these things. 27 00:01:14,040 --> 00:01:17,200 Speaker 2: So what's been a disadvantage for us in the past 28 00:01:17,240 --> 00:01:18,600 Speaker 2: that were a long way away and they were a 29 00:01:18,600 --> 00:01:21,959 Speaker 2: bit irrelevant maybe I think is coming home for us. 30 00:01:22,760 --> 00:01:25,080 Speaker 2: The other thing that was interesting yesterday, I mean the 31 00:01:25,160 --> 00:01:28,000 Speaker 2: start of it. But you know, there's a strong bipartisanship. 32 00:01:28,040 --> 00:01:31,200 Speaker 2: I think you've got Barbara Edmonds and Karen McNulty from 33 00:01:31,200 --> 00:01:34,360 Speaker 2: the Labor Party there. So that's good because the international community, 34 00:01:34,600 --> 00:01:37,160 Speaker 2: you know, those one hundred something investors that you've talked about, 35 00:01:37,319 --> 00:01:39,080 Speaker 2: they want to see that this is in a flesh 36 00:01:39,080 --> 00:01:40,800 Speaker 2: in the pend, that this is something that's there for 37 00:01:40,800 --> 00:01:41,200 Speaker 2: a while. 38 00:01:41,360 --> 00:01:43,480 Speaker 1: What kind of companies will be there? I know the 39 00:01:43,520 --> 00:01:45,240 Speaker 1: future fun from Australia is not going to be there, 40 00:01:45,240 --> 00:01:48,000 Speaker 1: which is unfortunate, and only one from Singapore, But what 41 00:01:48,160 --> 00:01:49,400 Speaker 1: sort of companies will be there? 42 00:01:49,880 --> 00:01:52,960 Speaker 2: Oh? Look, I mean it's you've got some very big investors, 43 00:01:53,000 --> 00:01:55,360 Speaker 2: you know. So, yes, I was talking to Brookfield. You know. 44 00:01:55,760 --> 00:01:58,280 Speaker 2: One of the numbers I remember the gentleman I was 45 00:01:58,280 --> 00:02:01,160 Speaker 2: talking to sathing one hundred billion investors just in Australia, right, 46 00:02:01,160 --> 00:02:04,080 Speaker 2: and that is literally just Australia had already quite significant 47 00:02:04,120 --> 00:02:06,680 Speaker 2: investments in New Zealand. You've also got the big constructors. 48 00:02:06,760 --> 00:02:10,760 Speaker 2: You've got guys like It's the owner from Spain, a 49 00:02:10,919 --> 00:02:16,440 Speaker 2: very significant infrastructure company, Capella Capital, many others. So you know, 50 00:02:16,480 --> 00:02:18,800 Speaker 2: I definitely think and in fact, you know some of 51 00:02:18,880 --> 00:02:21,240 Speaker 2: that the internationals there were saying to me is you know, 52 00:02:21,639 --> 00:02:24,800 Speaker 2: g you actually have compiled a very strong list of 53 00:02:24,919 --> 00:02:28,560 Speaker 2: people coming to it. So you know, no one suggesting 54 00:02:28,919 --> 00:02:31,359 Speaker 2: Rome was built in today. Walkland or Wellington for that matter, 55 00:02:31,400 --> 00:02:33,520 Speaker 2: won't be. But it's a really good start. 56 00:02:34,320 --> 00:02:36,440 Speaker 1: We know that the government has just opened up for 57 00:02:36,560 --> 00:02:39,720 Speaker 1: registrations of interest in the Northern Expressway, that twenty eight 58 00:02:39,720 --> 00:02:43,000 Speaker 1: plain extension of State Highway one. What other projects might 59 00:02:43,000 --> 00:02:44,280 Speaker 1: they be spooking at the conference? 60 00:02:45,480 --> 00:02:46,960 Speaker 2: Yeah, what's a good question. I mean, I think if 61 00:02:46,960 --> 00:02:48,840 Speaker 2: you just look at the agenda, what you see is 62 00:02:49,240 --> 00:02:50,840 Speaker 2: you're going to get a high level I think from 63 00:02:50,919 --> 00:02:54,079 Speaker 2: the Prime minister, the finance minister, you know, the leadership 64 00:02:54,120 --> 00:02:55,680 Speaker 2: of the government if you like. And then and then 65 00:02:55,960 --> 00:02:57,919 Speaker 2: you know, it gets a bit more and I don't 66 00:02:57,960 --> 00:02:59,519 Speaker 2: mean this in a bad one. I mean positively a 67 00:03:00,160 --> 00:03:05,200 Speaker 2: more specific and workmen like you know, we're hearing about immigration, Maori, economy, health, education, 68 00:03:05,480 --> 00:03:07,920 Speaker 2: justice resources. So I would expect and I have no 69 00:03:08,040 --> 00:03:11,359 Speaker 2: special information, but I would expect you'll see the sort 70 00:03:11,360 --> 00:03:15,080 Speaker 2: of opening up of public private opportunities in those areas. 71 00:03:15,160 --> 00:03:18,000 Speaker 2: And you know, of course that's in the end. They 72 00:03:18,040 --> 00:03:20,600 Speaker 2: want the sizzle, they want the vision, but that's in 73 00:03:20,639 --> 00:03:23,560 Speaker 2: the end what these investors are coming to see. And 74 00:03:23,960 --> 00:03:25,840 Speaker 2: we need their capital, you know, over one hundred billion 75 00:03:25,880 --> 00:03:28,560 Speaker 2: dollar deficit and infrastructure, and we also need to know 76 00:03:28,600 --> 00:03:31,360 Speaker 2: how their innovation and the competition that they bring. 77 00:03:32,240 --> 00:03:34,880 Speaker 1: Well, good stuff, Simon, enjoy yourself, enjoy the breakfast, and 78 00:03:34,920 --> 00:03:38,280 Speaker 1: have a great tirement and get out there and sell, 79 00:03:38,320 --> 00:03:40,960 Speaker 1: sell Sell. Simon Bridges, as the your con Chamber's CEO, 80 00:03:41,040 --> 00:03:42,400 Speaker 1: I can tell you that they're going to concentrate the 81 00:03:42,440 --> 00:03:46,560 Speaker 1: Government's going to concentrate on four growth sectors. They are aquaculture, 82 00:03:47,120 --> 00:03:53,040 Speaker 1: renewable energy, clean technology, and advanced transportation, which includes. 83 00:03:53,200 --> 00:03:57,600 Speaker 2: Space for more from Early Edition with Ryan Bridge. Listen 84 00:03:57,680 --> 00:04:00,720 Speaker 2: live to news talks there'd be from five am weekdays, 85 00:04:01,000 --> 00:04:03,040 Speaker 2: or follow the podcast on iHeartRadio