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Marine growth

By: 6 months ago
Marine growth

New Zealand Marine industry expects rapid job growth, if infrastructure is introduced to support it.

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With the announcement of two years’ free apprenticeship training by government, combined with demand created by the America’s Cup, the NZ Marine and Composites Industry Training Organisation is predicting a boom in marine jobs.

Apprenticeship training through the NZ Marine and Composites Industry Training Organisation (NZMACITO) is held in high regard internationally as key to the New Zealand marine industry’s success, with current industry turnover of $1.7 billion including exports producing $800 million.

The industry says it has potential to grow exports to $1.66 billion over the next seven years on the back of the 36th America’s Cup being hosted in Auckland.

“There’s been discussion of the value of the America’s Cup and the superyacht spectators which will accompany it to New Zealand. While some people might see superyachts as just a wealthy international set visiting our shores, we – unequivocally – see it as job creation,” says the training organisation’s general manager Chris van der Hor.

“In particular, it creates opportunities for young New Zealanders from the Far North to Southland to start an apprenticeship in NZ’s highly respected marine and composites industries.”