NZ Herald Thursday 30 March 2017 The Coromandel economy grew by 3.3 per cent in 2016, and the indicators are that spending and investment is set to continue, according to the latest data provided by Infometrics, an independent company that provides economic analysis and forecasts.
Mayor Sandra Goudie said she and the TCDC were “extremely pleased” to see the positive trends for the District.
“But it also shows that we need to have strong strategies and solid planning in place so we can respond effectively and efficiently,” Mrs Goudie said.
“That’s why a major focus for us is about land zoning and planning, as well as maintaining and developing our core infrastructure including roading, water and wastewater.”
The Coromandel’s tourism sector enjoyed a bumper 2016, with data showing that visitor spending totalled $337m in 2016, up 7.7 per cent from its 2015 level. International visitor spending climbed 19 per cent to $83.5m in 2016, while spending by New Zealand visitors grew 4.4 per cent to reach $254m. Read more…
