New Zealand Initiative urges prompt FDI reform implementation to attract more foreign investment.

The New Zealand Initiative has called for prompt implementation of proposed reforms to liberalize foreign direct investment (FDI) in the country. Executive Director Dr. Oliver Hartwich highlighted the potential for increased capital, technology, and expertise, alongside economic benefits like higher wages. The government plans to reverse the current requirement for investors to justify their interest, aiming to attract more foreign investment and improve the investment climate.

October 13, 2024
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