1 00:00:00,040 --> 00:00:02,960 Speaker 1: Y, Good evening. It is five seven Monday, tenth of February. 2 00:00:02,960 --> 00:00:05,480 Speaker 1: Great to have your company. The Prime Minister announcing a 3 00:00:05,519 --> 00:00:09,119 Speaker 1: two day international summit which will take place mid next month. 4 00:00:09,280 --> 00:00:12,319 Speaker 1: LUs And says it will bring global investment leaders here 5 00:00:12,440 --> 00:00:15,920 Speaker 1: as part of the government's economic growth agenda. Infrastructure Minister 6 00:00:16,000 --> 00:00:19,720 Speaker 1: Chris Bishop is with me. Good evening, Good evening. Who's coming. 7 00:00:21,760 --> 00:00:25,680 Speaker 2: Well, we'll be publishing the list of it closer to 8 00:00:25,720 --> 00:00:27,240 Speaker 2: the time, so you'll be able to see who's coming. 9 00:00:27,320 --> 00:00:32,400 Speaker 2: But we've had over subscription so far from global investment companies, 10 00:00:33,000 --> 00:00:35,360 Speaker 2: pension funds from around the world for example, who are 11 00:00:35,400 --> 00:00:38,920 Speaker 2: looking to invest in New Zealand. And in fact, we've 12 00:00:39,200 --> 00:00:42,879 Speaker 2: about one hundred chairs and CEOs from around the world coming. 13 00:00:42,920 --> 00:00:45,360 Speaker 2: We've actually been oversubscribed, so now got a waiting list. 14 00:00:45,560 --> 00:00:49,280 Speaker 1: So your black Crocs, your vanguards, you JP Morgan's. 15 00:00:49,800 --> 00:00:52,200 Speaker 2: Oh, there's a variety of investment vehicles around the world. 16 00:00:52,720 --> 00:00:53,640 Speaker 1: As Blacky coming. 17 00:00:55,680 --> 00:00:58,240 Speaker 2: I couldn't tell you, but there's a variety of investment 18 00:00:58,320 --> 00:01:00,040 Speaker 2: vehicles around the world. I have a lot at the 19 00:01:00,080 --> 00:01:02,840 Speaker 2: list for the last few days, but I can tell 20 00:01:02,880 --> 00:01:04,760 Speaker 2: you that there's a huge interest from around the world 21 00:01:05,440 --> 00:01:06,839 Speaker 2: in the New Zealand economy. 22 00:01:06,520 --> 00:01:08,240 Speaker 1: Would jump out, wouldn't it. I mean, if you'd seen 23 00:01:08,240 --> 00:01:10,360 Speaker 1: Black Lit Rock, you'd probably remember it was on there. 24 00:01:11,360 --> 00:01:13,000 Speaker 2: I haven't seen the list in the last few days, 25 00:01:13,040 --> 00:01:14,679 Speaker 2: so I can't I can't give you, can't give you it. 26 00:01:14,720 --> 00:01:16,640 Speaker 2: But well, we will be publishing the list bit close 27 00:01:16,680 --> 00:01:17,000 Speaker 2: to the time. 28 00:01:17,040 --> 00:01:19,679 Speaker 1: All right, sweet, when you say it's oversubscribed, what do 29 00:01:19,720 --> 00:01:22,039 Speaker 1: you mean you have room for one hundred people and 30 00:01:22,080 --> 00:01:24,839 Speaker 1: those hundred seats are taken, and why only one hundred? 31 00:01:26,520 --> 00:01:29,240 Speaker 2: We wanted it to focus on how you know, the 32 00:01:29,319 --> 00:01:32,840 Speaker 2: highest value investment and the and the you know, the 33 00:01:32,840 --> 00:01:36,520 Speaker 2: global leaders and when it comes to infrastructure and investment 34 00:01:36,520 --> 00:01:39,480 Speaker 2: and more investment more broadly, so we'll be looking at 35 00:01:39,480 --> 00:01:41,160 Speaker 2: whether or not we can expand the number of people 36 00:01:41,160 --> 00:01:44,120 Speaker 2: who can come to the summit. But what we're doing 37 00:01:44,120 --> 00:01:45,959 Speaker 2: is sending the message that New Zealand is open for 38 00:01:46,000 --> 00:01:48,880 Speaker 2: business and that this is about jobs and growth and 39 00:01:48,960 --> 00:01:52,240 Speaker 2: investing in the enormous potential of the Zealand economy, which 40 00:01:52,280 --> 00:01:54,240 Speaker 2: is something that New Zealand needs to do absolutely. 41 00:01:54,240 --> 00:01:56,640 Speaker 1: But one hundred SEMs a random number. I mean, why not. 42 00:01:56,800 --> 00:01:59,520 Speaker 1: You know, whoever wants to come can come, whoever's got money. 43 00:02:00,800 --> 00:02:02,400 Speaker 2: Well, it's no more random than a one hundred and 44 00:02:02,400 --> 00:02:04,120 Speaker 2: one or one hundred and two. I mean, like it's 45 00:02:04,160 --> 00:02:04,760 Speaker 2: just a number. 46 00:02:04,760 --> 00:02:08,160 Speaker 1: Why limit, I guess Will you worry these elses wouldn't 47 00:02:08,160 --> 00:02:10,120 Speaker 1: get filled? No, no, no, not in allal. 48 00:02:10,160 --> 00:02:12,920 Speaker 2: New Zealand is hosting the summit, so the investors who 49 00:02:12,960 --> 00:02:14,839 Speaker 2: are coming are paying for their way here. But we're 50 00:02:14,960 --> 00:02:17,000 Speaker 2: we're hosting the summit ourselves, so there's not you know, 51 00:02:17,040 --> 00:02:19,320 Speaker 2: we're not going to have you like a thousand people. 52 00:02:19,360 --> 00:02:21,200 Speaker 2: But what we are trying to do is get high 53 00:02:21,280 --> 00:02:23,600 Speaker 2: value investment into New Zealand. We want jobs and growth 54 00:02:23,639 --> 00:02:25,520 Speaker 2: and there's, as I say, a huge degree of interests 55 00:02:25,600 --> 00:02:26,120 Speaker 2: around the world. 56 00:02:26,120 --> 00:02:28,600 Speaker 1: And what kinds of projects are we talking about here? 57 00:02:28,639 --> 00:02:31,760 Speaker 1: Is that mainly infrastructure projects? Is it the fast track projects? 58 00:02:32,840 --> 00:02:36,480 Speaker 2: There will be investment opportunities presented at the summit, largely 59 00:02:36,520 --> 00:02:40,200 Speaker 2: around public infrastructure, but it's also about talking about a 60 00:02:40,280 --> 00:02:42,600 Speaker 2: pipeline of opportunities into the future. So it's not just 61 00:02:42,639 --> 00:02:45,919 Speaker 2: about investment opportunities in the next six months or year 62 00:02:46,040 --> 00:02:47,920 Speaker 2: or so that will come to market from the government's 63 00:02:47,919 --> 00:02:50,360 Speaker 2: point of view, but also about the long term pipeline. 64 00:02:50,720 --> 00:02:52,960 Speaker 2: Clearly we've got the Roads of national significance, which is 65 00:02:53,160 --> 00:02:57,280 Speaker 2: a long term procedure of projects. You know that we 66 00:02:57,320 --> 00:02:59,519 Speaker 2: want to build around the country, but we've also got 67 00:02:59,520 --> 00:03:02,080 Speaker 2: big investment needs when it comes to health infrastructure, of 68 00:03:02,080 --> 00:03:05,680 Speaker 2: school infrastructure for example. But will also be showcasing opportunities 69 00:03:05,680 --> 00:03:11,480 Speaker 2: around renewable energy, around advanced transportation, around the Marie economy 70 00:03:11,480 --> 00:03:13,560 Speaker 2: for example. So there'll be an EE component to the 71 00:03:13,560 --> 00:03:15,760 Speaker 2: summit as well, So it'll be about showcasing some of 72 00:03:15,800 --> 00:03:18,680 Speaker 2: those other sectors which are real growth potential sectors for 73 00:03:18,720 --> 00:03:20,680 Speaker 2: New Zealand as well where there might be private sector 74 00:03:20,680 --> 00:03:23,519 Speaker 2: investment that flows into private business. 75 00:03:23,760 --> 00:03:25,359 Speaker 1: All Right, minister, thank you very much for your time. 76 00:03:25,360 --> 00:03:28,160 Speaker 1: I appreciate it. That is Chris Busio's the Infrastructure Minister, 77 00:03:28,240 --> 00:03:31,200 Speaker 1: talking about the summit that's taking place taking place mid 78 00:03:31,360 --> 00:03:34,400 Speaker 1: next month here in New Zealand. For more from Heather 79 00:03:34,480 --> 00:03:37,480 Speaker 1: Duplessy Allen Drive listen live to news talks. It'd be 80 00:03:37,640 --> 00:03:41,520 Speaker 1: from four pm weekdays, or follow the podcast on iHeartRadio.