Hamilton City Council Economic Development Agenda
Economic Development is the key ingredient for a thriving, prosperous community – and a thriving, prosperous community in turn leads to greater economic activity.
Hamilton City Council’s Economic Development Agenda sets the scene for Council to work with the city’s business community and others to energise economic growth and strengthen Hamilton’s contribution to the New Zealand economy.
Throughout its development a clear role has been defined for the Council’s contribution towards the city’s economic development. This role is one where Council as a whole is responsible for creating the best possible business environment for business to invest with certainty and confidence.
The Council’s key role is as a facilitator rather than an investor, a co-ordinator rather than an enforcer, and to ensure that the right policies and plans are in place so doing business in Hamilton is easy.
Our aim is to build a solid foundation for sustainable growth. Through working in partnership with business and industry sectors, the Council will establish clear guidelines for future economic development – an economic growth agenda the city’s entire business community has a stake in, a commitment to, and a desire to implement.
Hamilton is the economic hub of the Waikato, one of the world’s premier agricultural and pastoral regions. Our economy is based on a large service sector which includes health, education, energy, business services and government agencies. These are of high value to the city and will continue to be an important source of jobs and income.
There is also a growing base of high technology machinery, equipment and material manufacturers in the city – sectors which have grown from their foundations in servicing agricultural industries in the wider region. These sectors demonstrate comparative and competitive advantages, are trading nationally and internationally, and are of high value to the city.
With a young, agile and dynamic population, and sitting strategically in the growth triangle of Auckland and the Bay of Plenty, the city is a metropolitan hub yet enjoys many of the aspects associated with smaller city living such as our healthy natural environment.
The Role of Council in Economic Growth
- Set policy that provides a platform for economic growth
- Work with business and industry sectors to support economic opportunity
- Provide cost-effective services to the business community
- Growth planning through land use and transport systems
- Enhance the regulatory environment and ensure quality standards are maintained
- Provide access to up to date information about the local economy
- Take a role in asset ownership where public investment can provide economic growth
- Provide cost effective and productive infrastructure to enable the city to function and prosper, such as water, wastewater, stormwater and transport services.
- Provide effective and timely responses to market opportunities
- Manage relationships with the business community
Taking the Strategy Forward
Council is Hamilton’s strongest champion.
At a regional, national and international level, in whatever forum and context, Council will advocate for and pursue what is in the best interests of our city and its continued prosperity. But it cannot do this in isolation and it requires communication between Council and the business community.
This requires that every Council activity is aligned and integrated with the Economic Development Agenda and that Council obtains and utilises information about the performance of the city’s economic sectors, the issues they face and opportunities they offer.
Because of its role in the community and its commercial neutrality, Council has the ability to mitigate adverse business conditions and capture market opportunities. It can lend its authority to private commercial proposals where they clearly benefit the city and can facilitate connections between like-minded organisations. Key to this is having a liveable city, a healthy natural environment and planning towards a sustainable future.
Ultimately the development of Hamilton’s economy will be built on successful relationships between all those who will benefit through greater opportunities and improved lifestyles.
By creating an interactive and business friendly environment, with favourable conditions for investment and growth, Hamilton and its residents will enjoy the benefits as we emerge towards this new approach for economic development.
For more information about our strategic priorities and how you might be able to get involved to help make this vision a reality,
If you’d like to find out more information about Council’s Economic Development Agenda please contact Council's Events and Economic Development Team.