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Invest New Zealand is a proposed foreign investment agency created by the New Zealand Government to boost productivity and innovation in 2025. The unit was initially established as a unit within the
New Zealand Trade and Enterprise New Zealand Trade and Enterprise (; abbreviated NZTE) is New Zealand's international business development agency that focuses on helping New Zealand businesses improve their international engagement. It is considered a Crown agent under the Cr ...
organisation before it becomes a separate
Crown entity A Crown entity (from the Commonwealth term ''The Crown, Crown'') is an organisation that forms part of New Zealand's public sector organisations in New Zealand, state sector established under the Crown Entities Act 2004, a unique umbrella governa ...
.


Functions and mandate

Invest New Zealand is one of the two designated government agencies alongside
New Zealand Trade and Enterprise New Zealand Trade and Enterprise (; abbreviated NZTE) is New Zealand's international business development agency that focuses on helping New Zealand businesses improve their international engagement. It is considered a Crown agent under the Cr ...
(NZTE) tasked with boosting economic growth through international trade and investment. Invest New Zealand will be responsible for facilitating foreign direct investment with the exception of public infrastructure, which falls under the responsibility of
National Infrastructure Funding and Financing National Infrastructure Funding and Financing Limited (NIFFCo) is a national infrastructure agency and Crown entity, Crown-owned company created by the New Zealand Government to attract funding and financing for infrastructure projects in New Zea ...
. The agency will be tasked with working with multi-national companies and foreign investors to attract people, businesses and capital into the New Zealand economy. Invest NZ will also focus on investing in science, innovation and technology that contributes to economic development. The Invest New Zealand Bill is the proposed regulatory framework for the agency.


History

On 23 January 2025,
Prime Minister A prime minister or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. A prime minister is not the head of state, but r ...
Christopher Luxon Christopher Mark Luxon (; born 19 July 1970) is a New Zealand politician and former business executive who has served as the 42nd prime minister of New Zealand since 2023 and as leader of the National Party since 2021. He previously served ...
announced during his state of the nation speech that the Government would create a new foreign investment agency to boost New Zealand. That same month, Invest New Zealand was established as a unit within NZTE with plans to transition it into a separate autonomous
Crown entity A Crown entity (from the Commonwealth term ''The Crown, Crown'') is an organisation that forms part of New Zealand's public sector organisations in New Zealand, state sector established under the Crown Entities Act 2004, a unique umbrella governa ...
.


References

{{NZ Crown entities/Crown agents 2025 establishments in New Zealand Government agencies established in 2025 New Zealand autonomous Crown entities Foreign trade of New Zealand Sixth National Government of New Zealand