The PM’s big sell gets ready to ramp up
Saturday, 8 March 2025
Read the full list of organisations attending below.
When the Government’s infrastructure investment summit kicks off next week, titans of investment finance controlling some $6 trillion worth of investment capital will be sitting in the room.
The Mike McRoberts MC’d summit, which is a centrepiece of Prime Minister Christopher Luxon’s renewed growth and foreign investment push, will feature hedge funds, regional and global banks, global pensions funds, infrastructure and construction giants.
The summit has been put together primarily by the Treasury, while the minister in charge of pulling it all together is Chris Bishop. Luxon is “hosting” the event.
While the Government has been keen to hose down suggestions that it might be a deal-fest, it is concentrating on glad-handing as many capital allocators as possible, doing the big sell on New Zealand’s investment pipeline over the coming years.
The goal is simple: to get foreign cash into the country to help pay for New Zealand’s big infrastructure projects. And the scope of sectors is wide.
“The upcoming summit is all about attracting investment into the infrastructure projects New Zealanders need to get ahead, so that we can grow our economy, create opportunities for New Zealanders, and raise the standard of living for Kiwi families,” Infrastructure Minister Bishop said.
“We’re going to show our international visitors in no uncertain terms that New Zealand is open for business, and we are a country worth investing in,” he said.
Among the biggest investors attending are the Canadian giant Brookfield Asset Management, the BlackRock-owned Global Investment Partners, Singapore-based Keppel Ltd, abrdn (Aberdeen Investments) as well as New Zealand’s Morrison.
There are a number of other big funds based in New Zealand, Australia and elsewhere attending.
In the Government’s language there is a focus on “investible opportunities”, otherwise known as potential deals.
The Government is also keen to showcase projects that might be coming on to market soon and will be expecting its ministers to attend.
Government ministers speaking ‒ which includes the prime minister, Finance Minister Nicola Willis, Bishop, Education and Immigration Minister Erica Stanford and Minister for Regulation David Seymour ‒ will be expected to spend at least the entire day at the conference on the day that they are speaking.
Ministers, who have notoriously full diaries, most often turn up to conferences, speak and leave.
The whole summit is effectively being set up as a series of speeches and panel discussions. The panels are basically the only part moderated by outsiders, who include Luxon’s former chair at Air New Zealand, Dame Therese Walsh, and one of his National Party predecessors, Auckland Business Chamber’s Simon Bridges.
It appears to mostly feature Government ministers talking about what is happening in their areas, what the Government is doing to make it easier to invest and what the specific upcoming opportunities are.
The range is broad, with a series of infrastructure “showcases”, in areas as broad as transport, health, corrections, justice and education.
So that could potentially mean schools universities, hospitals, prisons and justice property.
There will also be panels on renewable and clean energy as well as technology which will feature Judith Collins
Labour’s finance spokesperson Barbara Edmonds will also be speaking on infrastructure as the Government seeks to impress upon investors that, despite differences in political stripes, that investment is welcome in New Zealand. She will give a speech titled “Investing in New Zealanders”.
There will be a panel on Iwi investment, moderated by Tama Potaka.
There will also be a series of invitation-only ‘delegate roundtables’ conducted throughout the two days
All the big New Zealand banks will be attending along with Australian investment giant Macquarie Bank, colloquially known in Australia as the “Millionaires’ Factory”, and a range of iwi groups and their investment arms including Ngāti Kahungunu and Ngati Porou.
There will be reps from sovereign wealth funds from Malaysia and Korea. Canadian Pension fund Caisse de dépôt et placement du Québec (CDPQ) will also be in attendance.
Then there are the big corporate lawyers including MinterEllisonRuddWatts and Bell Gully, as well as corporate advisory types such as Jarden and Mercer, and global consultancy giants such as KPMG.
There will also be plenty of global infrastructure companies including CIMIC, CPB, Acciona, Downer, Hyundai Engineering and Fletchers.
“The financial companies and institutions attending the summit manage assets and funds worth around $6 trillion of capital and they are headquartered across the world. They include pension funds, sovereign wealth funds and major banks. We also have delegates from the construction and engineering sectors,” Bishop said.
“New Zealanders can be proud that some of the world’s biggest investment and infrastructure entities are keen to learn about the opportunities New Zealand has to offer,” he said.
What organisations are attending?
Read the full list, by alphabetically and by type of organisation attending.
Investors
abrdn (Aberdeen Investments)
Accident Compensation Corporation (ACC)
Amber Infrastructure Group
Brookfield Asset Management
Copenhagen Infrastructure Partners
Dexus
FirstCape
Global Infrastructure Partners
Igneo Infrastructure Partners
InfraRed Capital Partners Ltd
Invesis
Kahungunu Asset Holding Company
Keppel Ltd
Milford Asset Management Ltd
Morrison
Nāti Growth Ltd
Ngāi Tahu Holdings Corporation
Ngāti Whātua Ōrākei Whai Rawa
Pacific Partnerships
Paenga Kupenga
Plenary Group Holdings Pty Ltd
Tainui Group Holdings
Taranaki Mounga
Tauhara Number 2 Trust
Te Aratura, Waikato
Te Rūnanga o Ngāi Tahu
Te Rūnanga o Toa Rangatira
Tū Mai Rā Trust & Investments
Tupu Tonu Ngapuhi Investment Fund
Construction
ACCIONA
CIMIC Group
Civil Contractors NZ
CPB Contractors
Downer
Fletcher Building
Ghella Ltd
GS Engineering & Construction
HEB Construction
Hyundai Engineering & Construction
Malaysian Resources Corporation Berhad (MRCB)
McConnell Dowell
Obayashi Corporation
Samsung C&T
Transurban
WeBuild
Developer/Operators
Capella Capital
Serco Asia Pacific
VINCI Highways
Engineering Services
ARUP Group Limited
Beca Group
Engineering Professional Services
Aurecon
Frequency NZ Ltd
Height Project Management
Jacobs New Zealand
Rider Levett Bucknall
Rimkus New Zealand
Stantec New Zealand
Tonkin + Taylor
Financial Services
ANZ Bank New Zealand Limited
ASB Bank
Bank of China (NZ)
Bank of New Zealand
CaixaBank
China Construction Bank
Citi Bank
Commonwealth Bank
Craigs Investment Partners
Industrial and Commercial Bank of China (ICBC) New Zealand
ING Bank Australia
Korea Development Bank
Macquarie Group
Mafic Partners
Mitsubishi UFJ Financial Group
Mitsubishi UFJ Trust & Banking Co.
National Australia Bank
Royal Bank Canada
Societe Generale Corporate & Investment Banking (Australia)
Sumitomo Mitsui Banking Corporation (SMBC)
Westpac NZ
Pension/Superannuation
Australian Retirement Trust
Aware Super
Caisse de dépôt et placement du Québec (CDPQ)
NZ Super Fund
OMERS Infrastructure
Simplicity
Professional services
ACE NZ
Auckland Business Chamber
BDO New Zealand
Bell Gully
Buddle Findlay
Dentons
GHD
Infrastructure NZ
KPMG
Mercer NZ
MinterEllisonRuddWatts
Russell McVeagh
Simpson Grierson
Sovereign Wealth Funds
Khazanah Nasional Berhad
Korea Investment Corporation
Queensland Investment Corporation