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Investing in South Canterbury
South Canterbury is an exciting region for business and is recognised in New Zealand as a progressive, modern place for investment.
South Canterbury offers a competitive advantage for the New Zealand business environment, namely:
- Minimal state interference,
- Innovative culture,
- Business friendly tax systems, and,
- An economy shaped for the future.
Additionally, South Canterbury offers:
ADBT can assist with inward investment enquiries. In particular, in relation to major investment prospects we can facilitate introductions to potential business, utilities and local authority partners.
Current South Canterbury Developments Hunter Downs Irrigation Scheme Joint venture between the South Canterbury Irrigation Trust and Meridian Energy Ltd. It will use 20.5 cubic metres of water per second (cumecs) from the lower Waitaki River to irrigate up to 40,000 hectares east of the Hunter Hills between the Waitaki River and Timaru. The consent was granted in March 2010 and is for 35 years.
Rangitata South Irrigation SchemeFebruary 2009 - Rangitata South Irrigation Ltd was granted consent for the irrigation of land between the Rangitata and Orari Rivers.
February 2011 - Construction has begun on an $80 million South Canterbury irrigation scheme that will irrigate 16,000ha of farmland using water from the Rangitata River. The completed scheme will take water from the river when flows exceed 110 cubic metres per second (cumecs) and store it in several riverside ponds which will hold 16 million cubic metres of water at capacity. Water will flow via a race system to on-farm storage ponds belonging to irrigating farmers
North Bank Tunnel ConceptHydroelectric scheme developed by Merdian Energy on the Waitaki River. The project will produce an additional 100 to 1400 GWh pa. Water rights granted in September 2009.
Holcim Cement Works
The proposed Oamaru site will replace the Cape Foulwind site near Westport. Concept will create 120 jobs and up to 480 jobs during the peak of construction. Primeport Timaru will be the port used to export final product. July 2011 - The Holcim (New Zealand) Ltd team planning a $400 million cement plant near Weston (Oamaru) and a $100 million shipping terminal at Timaru's PrimePort is "very hopeful" the projectswill be approved later this year.
Fonterra - Clandeboye
Home to the world's largest capacity milk dryer. Fonterra's Clandeboye site boasts the largest capacity milk dryer in the world. This, combined with the milk processing capacity provided by the site's two other dryers, sees Clandeboye producing whole, skim and butter milk powders for export around the globe. They have 880 staff and employ outside contractors.
Further developments:
New Timaru Aquatic Centre - $23.5 million development, to be completed in 2012
Timaru multi story car park development - $3.8 million (completed June 2011)
Mount Cook Alpine Salmon - $20 million expansion of its operations (ongoing)
Washdyke's DB Mainland Brewery - will get a $3.8 million upgrade, enabling the plant to increase production as the Monteith's brand makes a temporary move from the West Coast. (to be completed end of 2011)
Redeveloped New World Supermarket – $20 million development (completed 2010)
Farmers development - $3.5 million development adding 750m² of shopping space (completed 2011)
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