In 2022, construction and related services contributed $75m to Taitokerau Northland’s GDP. The output of the sector has more than doubled in the last 20 years, with majority of that growth occurring over the last 5 or so years. The growth in this sector aligns with huge growth in both residential and non-residential consents being granted.
Although residential consenting is seeing some short-term retraction, investments from the public sector have provided a strong pipeline of work for the sector.
If you are interested in investing in Northland, contact our Investment Team.