New Zealand is entering a period which will require substantial and bold investments across a range of sectors, from building more renewable energy sources to support the pursuit of net zero targets to development of technology sectors. 

KPMG has released new analysis of the flows of foreign direct investment coming into New Zealand to provide an overview of recent trends. Between 2013 and 2021, foreign direct investment has grown. 

Explore our interactive dashboard below to delve into where investment is coming from, what sectors and regions in New Zealand are attracting it, and how this has changed over time. 

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Key findings


The US and Australia are the main sources of gross foreign direct investment when measured over the last 3 years.


Approved applications have increased in recent years, after low points in 2017 and 2018.

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Key sectors for net investment in the last couple of years have been energy, telecommunications and entertainment, real estate and IT infrastructure. 

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M&A activity recovered well after the initial outbreak of the pandemic, as evidenced by the M&A and net investment approved in 2021.