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UK collaboration important for Christchurch rebuild

Posted on 30 Jul at 9 AM Tags: Working in New Zealand, Property, Living In New Zealand,

British firms are vital to the rebuilding of the earthquake ravaged city of Christchurch in New Zealand, according to the UK Minister of State for Trade and Investment. Lord Ian Livingstone recently visited the city to outline how collaboration between New Zealand and British businesses will be beneficial for both countries and keep the rebuild on track.

The minister explained that UK firms had experience in completing large projects safely, on time and to budget including Crossrail, the Heathrow Airport redevelopment and the London 2012 Olympics.

He added that it was important the people living in Christchurch get the future they deserve as quickly as possible. Lord Livingstone was keen to point out that partnerships between British and Kiwi companies would have long-lasting benefits beyond the $30 billion Christchurch rebuild project.

During his visit Lord Livingstone was invited to see Vodafone’s $50 million South Island project to set up an innovation hub and headquarters.

Chief executive of Canterbury Employers’ Chamber of Commerce, Peter Townsend, said economic opportunities could be unlocked by firms who teamed up with international companies. He explained that this would help to build scale. Townsend added that he had seen companies come in from abroad and try to operate in opposition to the local firms, something that never works, he said.

The NZD exchange rates on 30/07/2014 were as follows: GBP NZD = 1.9929, EUR NZD = 1.5787, USD NZD = 1.1785, AUD NZD = 1.0988, CHF NZD = 1.2968, INR NZD = 0.0196, AED NZD = 0.3211, MXN NZD = 0.0896, CAD NZD = 1.0807, ZAR NZD = 0.1105, RUB NZD = 0.0331, . See today's New Zealand Dollar Exchange Rate
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