Kapiti Coast District poised for growth
The Kapiti Coast District economy continues to experience healthy economic growth with a reported 3.1 percent increase over the September 2016 year.
Sarah Stevenson, Group Manager for Strategy and Planning says much of this can be attributed to the growth and success of our local businesses including tourism and retail.
"There was a 14% increase in visitor guest nights, compared with 5.9% for the Wellington region and 6.2% nationally.
"Retail trade is also up 2.9% compared with 1.7% for the Wellington region and 2.7% nationally," said Ms Stevenson.
Quarterly economic data released by Infometrics shows the Kapiti Coast is benefiting from a combination of population growth, increased investment in property and infrastructure, and improved job prospects throughout the Wellington region.
"Kapiti has a diverse and thriving business community and the data reinforces the positive contribution these businesses are making to our economy.
"Our close proximity to Wellington will be significantly enhanced once the Mackays to Peka Peka Expressway opens and we are already beginning to see evidence of this through an upward trend in visitor guest nights and an increasing number of people and businesses wanting to call Kapiti home," says Ms Stevenson.
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KC News: the Internet Newspaper for the Kapiti Coast