New Zealand’s $NZ8.5 billion building sector is predicted to make a big recovery and hit boom levels, according to experts.
Migration experts, The Emigration Group, said the construction boom in New Zealand would create good opportunities for British firms.
In December, New Zealand’s Westpac Institutional Bank issued a forecast that predicted damage from the Canterbury earthquake would add around $20 billion to New Zealand’s construction activity in the coming years. Around $13 billion would be in residential repair and rebuilding work.
Paul Arthur, director of The Emigration Group, said: “This investment will lead to a demand for skilled building workers from overseas, creating both good job and business opportunities for skilled construction workers in the UK who are willing to go down under.”
The Westpac economists also predicted Auckland and Christchurch house-building would be a big driver, alongside Christchurch infrastructure work, he said. Economic experts Mercer also reported a strong performance in the industry over the last six months particularly in the construction of hospitals, farm buildings, shops and restaurants, the migration experts said.
Arthur said the group had worked with a number of small and large businesses who had started a New Zealand operating arm and had a lot of clients who were struggling to find work in the UK and were emigrating overseas.
“With the current shortage of skilled workers, it’s much easier to qualify for a visa to emigrate or to start a business in NZ. It’s definitely an option worth considering, particularly for those who would like to start a life down under.”
The group is holding two seminars where those looking to emigrate can find out more. The first is at the Hilton East Midlands Airport, on Sunday 29 January, the second on Sunday 12 February at the Holiday Inn, Manchester Airport.
See The Emigration Group’s website to book a place and find out more information.