New Zealand government instead of spending resources to get foreign investors will appreciate if companies and local firms send their jobs offshore. Certainly, pro-outsourcing lobby will lap up the news for further power point presentations. The government has spent hundreds of millions of dollars to lure foreign investors but achieved very little and government's heart broke. So, in a bid to keep New Zealand firms globally competitive government feels that in outsourcing lies the answer.
Over four years from 2002 the agency – set up as part of former economic development minister Jim Anderton's "jobs machine" – was involved with 19 investments worth $502 million.
The review found $155 would not have occurred without its involvement, but it was unlikely that extra investment would have accrued enough benefits to pay for the $60 million cost of getting it.
That's picturesque New Zealand
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