Large Scale offsite production – Could the South Waikato be the Solution?
The South Waikato District Council in conjunction with the South Waikato Investment Fund (SWIFT) has today published a marketing prospectus aimed at investors the construction sector. They understand that investors and innovators within the prefabricated housing sector, both locally and internationally, are considering how to respond to the New Zealand Government's ambitious housing agenda.
“The New Zealand Government - and ourselves at South Waikato District Council - understand that investors need certainty of future demand through ’off-take’ agreements to have the confidence to make significant capital investments in production capacity," said Paul Bowden, South Waikato District Council's Economic Development Manager.
“The South Waikato is an ideal location to establish a large-scale manufacturing facility," said Ian Elliott, South Waikato Investment Fund Trust (SWIFT) Chairperson. "Financially the low cost of land, proximity to raw materials and available local labour coupled with direct road and rail links makes for a compelling business case.”
The South Waikato sits close to the 'that links Auckland, Waikato and the Bay of Plenty and is home to over half the population of New Zealand. It is at the heart of New Zealand’s commercial forestry locations and surrounded by eight sawmills.
“Our prospectus seeks to answer the key questions that we have been asked by potential investors, who may be unaware of the District," continued Mr Bowden. "We recognise that companies may be considering a range of investments from frame and truss, pod and panels through to volumetric production. The South Waikato District has a full spectrum of available sites ranging from 1Ha to over 20Ha."
The Investment Prospectus is available here to download