There's belief a new agency focused on driving up foreign investment is well overdue.
The Government is creating Invest New Zealand to attract overseas investors into infrastructure and other key sectors.
It aims to streamline overseas investment by providing tailored support.
Queen City Law Managing Director Marcus Beveridge told Ryan Bridge it was what New Zealand Trade and Enterprise was always meant to do.
He says if they do adopt an all of government approach, it could put the country back up to where it should be in terms of OECD rankings.
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