Responsibilities
and key projects
The Committee is responsible for
regional economic development by:
·
Developing (and monitoring) strategy, policy and
action plans, including any agreed community consultation, to recommend
to the Regional Strategy and Policy Committee, as set out in the Schedule of
Key Projects for Reporting Committees, attached to these Terms of Reference*
·
Acting as a community interface for consultation on policies and
as a forum for raising community concerns, while ensuring community engagement
is complementary to that undertaken by local boards
Powers
All powers
necessary to perform the Committee’s responsibilities
Except:
(a) powers that the Governing Body
cannot delegate or has retained to itself (section 2)
(b) where the Committee’s
responsibility is limited to making a recommendation only
(c) where a matter is the
responsibility of another committee or a local board
(d) the approval of expenditure that
is not contained within approved budgets
(e) the approval of expenditure of
more than $2 million
(f) the approval of final policy
(g) deciding significant matters for
which there is high public interest and which are controversial
(h) the commissioning of reports on
new policy where that policy programme of work has not been approved by the
Regional Strategy and Policy Committee
(i) the
power to establish sub-committees
*Schedule of key projects for the
Economic Development Committee
Economic development strategy
implementation
Global partnerships strategy –
implementation and monitoring
Business relationships
Exclusion of the public – who needs to leave the
meeting
Members of the public
All members of the public must leave the meeting
when the public are excluded unless a resolution is passed permitting a person
to remain because their knowledge will assist the meeting.
Those who are not members of the public
General principles
·
Access to confidential information is managed on a “need to know”
basis where access to the information is required in order for a person to
perform their role.
·
Those who are not members of the meeting (see list below) must
leave unless it is necessary for them to remain and hear the debate in order to
perform their role.
·
Those who need to be present for one confidential item can remain
only for that item and must leave the room for any other confidential items.
·
In any case of doubt, the ruling of the chairperson is final.
Members of the meeting
·
The members of the meeting remain (all Governing Body members if
the meeting is a Governing Body meeting; all members of the committee if the
meeting is a committee meeting).
·
However, standing orders require that a councillor who has a
pecuniary conflict of interest leave the room.
·
All councillors have the right to attend any meeting of a
committee and councillors who are not members of a committee may remain,
subject to any limitations in standing orders.
Independent Māori Statutory Board
·
Members of the Independent Māori
Statutory Board who are appointed members of the committee remain.
·
Independent Māori Statutory Board
members and staff remain if this is necessary in order for them to perform
their role.
Staff
·
All staff supporting the meeting (administrative, senior
management) remain.
·
Other staff who need to because of their role may remain.
Local Board members
·
Local Board members who need to hear the matter being discussed
in order to perform their role may remain. This will usually be if the matter
affects, or is relevant to, a particular Local Board area.
Council Controlled Organisations
·
Representatives of a Council Controlled Organisation can remain
only if required to for discussion of a matter relevant to the Council Controlled
Organisation.
At the close of
the agenda no apologies had been received.
2 Declaration of Interest
Members are
reminded of the need to be vigilant to stand aside from decision making when a
conflict arises between their role as a member and any private or other
external interest they might have.
3 Confirmation of Minutes
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That the Economic Development Committee:
a)
confirm the ordinary minutes of its meeting,
held on Wednesday, 27 April 2016, as a true and
correct record.
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4 Petitions
At the close of
the agenda no requests to present petitions had been received.
5 Public Input
Standing Order
7.7 provides for Public Input. Applications to speak must be made to the
Democracy Advisor, in writing, no later than one (1) clear working day
prior to the meeting and must include the subject matter. The meeting
Chairperson has the discretion to decline any application that does not meet
the requirements of Standing Orders. A maximum of thirty (30) minutes
is allocated to the period for public input with five (5) minutes
speaking time for each speaker.
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5.1 Public Input -
Pacific Business Trust
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Purpose
1. To provide the opportunity for
the Pacific Business Trust to address the committee in response to an
invitation from the Chairperson.
Executive summary
2. Murphy Su’a, Acting Chief
Executive Officer, Fa’amatuainu Tino Pereira, Chairman and Kenina Court,
Deputy Chair of the Pacific Business Trust will be present to address the
meeting regarding the Trust.
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Recommendation/s
That the Economic Development Committee:
a) receive the presentation
regarding the Pacific Business Trust and thank Murphy Su’a, Fa’amatuainu Tino
Pereira, and Kenina Court for their attendance.
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6 Local Board Input
Standing Order
6.2 provides for Local Board Input. The Chairperson (or nominee of that
Chairperson) is entitled to speak for up to five (5) minutes during this
time. The Chairperson of the Local Board (or nominee of that Chairperson)
shall wherever practical, give one (1) day’s notice of their wish to
speak. The meeting Chairperson has the discretion to decline any application
that does not meet the requirements of Standing Orders.
This right is
in addition to the right under Standing Order 6.1 to speak to matters on the
agenda.
At the close of
the agenda no requests for local board input had been received.
7 Extraordinary Business
Section 46A(7)
of the Local Government Official Information and Meetings Act 1987 (as amended)
states:
“An item that is
not on the agenda for a meeting may be dealt with at that meeting if-
(a) The local authority by resolution so decides; and
(b) The presiding member explains at the meeting, at a time
when it is open to the public,-
(i) The
reason why the item is not on the agenda; and
(ii) The reason why the discussion of the item cannot be
delayed until a subsequent meeting.”
Section 46A(7A)
of the Local Government Official Information and Meetings Act 1987 (as amended)
states:
“Where an item
is not on the agenda for a meeting,-
(a) That item may be discussed at that meeting if-
(i) That item is a minor matter relating to the general
business of the local authority; and
(ii) the presiding member explains at the beginning of the
meeting, at a time when it is open to the public, that the item will be
discussed at the meeting; but
(b) no resolution, decision or recommendation may be made in
respect of that item except to refer that item to a subsequent meeting of the
local authority for further discussion.”
8 Notices of Motion
At the close of
the agenda no requests for notices of motion had been received.
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Economic
Development Committee
3/08/2016
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Tripartite
Economic Alliance - Auckland Summit 2016
File No.: CP2016/15549
Purpose
1. To provide a review of the
Tripartite Economic Alliance Summit 2016, held in Auckland on 16-17 May.
Executive
summary
2. The second Tripartite Economic
Summit (the Summit) was held in Auckland on 16-17 May at the Viaduct Events
Centre.
3. As an initiative of the
Tripartite Economic Alliance between Auckland, Guangzhou and Los Angeles,
the Summit provided a platform for political, business to business and cultural
engagement between the three cities. It was also an opportunity to showcase
Auckland as a globally connected and innovative city. See Attachment A for the
Summit programme
4. Five key sectors were focused
on: high value foods; advanced materials; new media/entertainment/digital;
smart data; and urban design.
5. More than 700 delegates attended
the Summit, double the anticipated number of 350. This included 330 businesses
and 90 speakers and panellists from seven countries. The Auckland Conversations
event that closed the Summit attracted 900 attendees.
6. The Mayor of Los Angeles, Eric
Garcetti, Guangzhou’s Vice Mayor, Wang Dong and President of the Chinese
People’s Association for Friendship with Foreign Countries, Madame LI Xiaolin
(the most senior Chinese representative at the Summit) led their respective
delegations. The three leaders undertook a range of targeted political,
business and tourism activities.
7. The Summit was delivered within
budget (NZ$550,000), of which NZ$300,000 was covered by sponsorship received
from 13 corporate and government partners.
8. Of the nine key performance
indicators (KPI) set for the Summit, six have already been achieved, with the
other three in progress. The results include a high level of overall
satisfaction from delegates with the event and business opportunities it
created, establishment of investment opportunities for Auckland and the number
of business matching meetings exceeding targets. See Attachment B for the KPI
report card.
9. The business results from the
Summit will be tracked over the next year given the time required for deals to
conclude. Immediate outcomes and opportunities include Summit attribution for
the Chinese investment in an Auckland central business district hotel and two
Los Angeles delegates who returned to Auckland with the inaugural American
Airlines flights in June to progress deal discussions with Auckland-based
media/telco companies.
10. Auckland Council’s Global
Partnerships and Strategy unit (GPS) and Auckland Tourism, Events and Economic
Development (ATEED) will continue work with Auckland companies to generate
outcomes from the Auckland Summit. The council will also identify further
businesses, institutes and organisations that fit within the key sectors to
participate in the third Summit to be held in Guangzhou in 2017.
11. The three-year term of the
Tripartite Alliance expires in November 2017. The Tripartite Alliance will be
reviewed and reported to the Governing Body in the new year. This review will
include options for renewal and opportunities for extended cooperation, amongst
others.
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Recommendation/s
That the Economic Development
Committee:
a) note that
six of the nine Key Performance Indicators for the Summit have been achieved,
with the remaining three in progress.
b) note that
Guangzhou will host the next Tripartite Economic Summit in 2017.
c) note that
the three year term of the Tripartite Alliance expires in November 2017. The
Tripartite Alliance will be reviewed and options reported to the Governing
Body in the new year.
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Comments
12. The Summit is
an initiative of the Tripartite Economic Alliance, signed in November 2014
between Auckland, Los Angeles and Guangzhou; it is designed to facilitate
business, government, cultural and social connections between the three dynamic
Asia-Pacific cities.
13. The Tripartite
strengthens Auckland’s relationship with two of its most economically important
global partners, and supports Auckland’s position as a strategic gateway into
Asia and North America.
14. Under the
Alliance, Tripartite Economic Summits are held annually (for an initial three
year period) on a rotational basis between the three cities. They provide
a platform for mayors and attending business leaders to develop and secure new
business opportunities, review progress, and renew the collective commitment
for the three partner cities to continue to collaborate with each other on
trade and economic initiatives.
15. Central
government’s involvement, especially through New Zealand Trade and Enterprise
and the Ministry of Foreign Affairs and Trade, is essential to ensuring
Auckland’s engagement in the Tripartite is successful, and delivers tangible
outcomes for the government’s Business Growth Agenda and broader engagement
with China and the United States.
Tripartite Summit 2016
16. The second
Tripartite Summit focussed on five sectors: high value foods; advanced
materials; new media, entertainment/digital; smart data and urban design.
17. Its purpose
was to provide a platform for businesses and investors to engage directly with
local and international entrepreneurs, develop business-to-business leads and
discover Auckland as a globally connected city and Asia-Pacific innovation hub.
18. The Summit was
successfully delivered as a partnership between Auckland Council’s Global
Partnerships and Strategy unit and ATEED, with support from the Independent Māori
Statutory Board, Panuku Development Auckland, Auckland Transport, Ports of
Auckland and Auckland International Airport. Central government cooperation was
also important, with collaboration from Callaghan Innovation, the Ministry of
Foreign Affairs and Trade and New Zealand Trade and Enterprise.
19. More than 700
delegates from Auckland, Guangzhou (100 delegates), Los Angeles (55 delegates),
and other cities in New Zealand and offshore attended the Summit. This included
over 90 speakers and panellists from seven countries. Auckland Conversations,
which closed the Summit, attracted 900 attendees. Several Auckland Council
elected representatives also participated in Summit activities.
20. The attendance
of the Mayor of Los Angeles, Eric Garcetti, and Guangzhou’s Vice Mayor Wang
Dong and the President of the Chinese People’s Association for Friendship with
Foreign Countries, Madame Li, provided the necessary political representation
to lead high-level business leaders and delegates from the other two cities.
All three leaders undertook a range of targeted political, business and tourism
activities in Auckland.
21. The
participation of Prime Minister John Key, Minster of Business, Innovation and
Employment, Stephen Joyce, and the Minister of Local Government, Sam Lotu-liga,
ensured active contributions from central government were made at the Summit.
Budget
22. The Summit was
delivered within budget (NZ$550,000) and revenue targets were exceeded. The
sponsorship generated demonstrated the value that corporate partners such as
Bank of New Zealand and Huawei recognised in the Tripartite initiative. There
was no attendance fee; however local delegates paid to attend the Summit
dinner. This assisted with cost recovery and is in line with international
events of this kind.
23. A total of
NZ$300,000 in corporate sponsorship was secured from 13 partners including Bank
of New Zealand, Huawei, Callaghan Innovation, Fuwah International Group,
Industrial and Commercial Bank of China, Asia New Zealand Foundation, New
Zealand Trade and Enterprise, AECOM, China Southern, US Embassy and Silicon
Valley Bank.
24. An economic
analysis undertaken by ATEED indicated that the Summit event (based on an
estimate of 200 delegates from outside Auckland) would contribute more than
NZ$450,000 to the Auckland economy, as a result of the money spent on
accommodation, related costs, and discretionary activities.
25. In addition,
Auckland can anticipate long-term economic benefits from business to business
deals made at the Summit itself, and as a result of relationships forged at the
Summit. These business outcomes will be tracked in the short, medium and
long-term (see below).
Key Performance Indicators
26. Key
Performance Indicators were developed to measure outcomes and progress made at
the Summit and as part of the Alliance’s three-year programme of activity.
27. Six of the nine Key Performance Indicators for
the Summit have been achieved, with the remaining three in progress. The
results include a high level of overall satisfaction from delegates with the
event and business opportunities it created, establishment of investment
opportunities for Auckland and the number of business matching meetings far
exceeding targets.
28. These indicators are included in
Attachment B, along with commentary on each indicator.
Business outcomes
29. Opportunities from the Auckland Summit have generated or
initiated a broad range of potential deals for companies from all three cities.
Most significantly, ATEED is pursuing Los Angeles and Guangzhou interest from
investors and partners in a new augmented/virtual reality (AR/VR) innovation
project stimulated by the Summit. Investment into an Auckland CBD hotel,
commercial deals between a Guangzhou company and an Auckland academic, and
Auckland craft beer exports into China. Follow up continues and a tangible
example was the return of Los Angeles delegates on the American Airlines
inaugural flight into Auckland in late June, to progress deals with media and
telecommunications companies.
30. The business results from the Summit will be tracked over
the next year given the time required for deals to conclude. It is important to note that there are inherent challenges
associated with qualifying/quantifying the commercial outcomes derived from the
Summit. The ‘commercial in-confidence’ nature of much of the information,
particularly in competitive operating environments and in the period prior to
the conclusion of transactions and deals, often precludes this information
being shared too early. In some cases, this information will be captured at a
later point in time, but commercial sensitivities will always prevail.
31. Survey feedback from business delegates
(response rate of 17 per cent) indicates that they received positive value from
attending the Summit. For example, almost all of the respondents (94 per cent)
made at least one new business connection/lead at the Summit. The most common
number of new connections was between one and five (46 per cent) but many
delegates made more than that, with one-in-twenty (six per cent) reporting 50
or more new connections. This averages out to 12 new connections/commercial
leads through engaging/networking with contacts at the Summit. Of these leads,
an average of four was expected to turn into business deals or partnerships in
the next 12 months.
32. A total of nine memoranda of understanding
between businesses and research institutions covering biomedicine, design and
innovation were also signed – these will help generate cooperation and
strengthen links between business and research institutes between the cities. See
Attachment C for more detail on the memoranda of understanding signed during
the Summit.
33. One of the main sponsors, Bank of New
Zealand, has provided positive feedback on the event and successful partnership
with ATEED. The bank aligned their sponsorship to the business matching lounge.
They report that their return on investment was exceeded after day one as, over
and above the sponsorship investment, two high net worth individuals switched
their business to Bank of New Zealand as a result of Summit interaction. Bank
of New Zealand had not been able to open doors with these individuals in the
past. They indicated their desire to be involved in the Alumni programme of
activity and explore the 2017 Guangzhou opportunity as they build a future
partnership with ATEED.
Bilateral and Trilateral meetings
34. Bilateral
meetings were held with both Guangzhou and Los Angeles, where both Mayor
Garcetti and Mayor Wen (through representation of Vice Mayor Wang) expressed a
desire to expand cooperation around the Tripartite Alliance and indicated
priority areas of focus.
35. A Trilateral
meeting was also held between Mayor Brown, Mayor Garcetti and Vice Mayor Wang,
where key objectives and priorities going forward were discussed at a
high-level.
36. The Mayors collectively
agreed that trade in technology, entertainment, manufacturing, tourism,
investment in transformational projects and government co-operation would be
the focus of the 2017 Tripartite Summit and work programme.
37. Vice Mayor
Wang emphasized that business/enterprise matching would be a key focus heading
to the 2017 Summit.
Consideration
Local board views and implications
38. The governing
body is responsible for international partnerships under the council’s economic
development activity (reflecting the national and regional significance of
these initiatives to Auckland). Local Boards can assist in supporting
Auckland’s engagement with existing international partner cities, networks and
forums.
39. The Tripartite
has been developed in consultation with relevant Auckland stakeholders, and
specific trade and economic initiatives which fall under the Tripartite will be
implemented in consultation with local boards, via ATEED connections, where
opportunities arise.
Māori impact statement
40. Māori
dimensions - above and beyond a powhiri - were strategically incorporated
throughout the Summit. Auckland Council worked with the Independent Māori
Statutory Board (IMSB) in the development of the programme. For example, a
waharoa (entrance to a Pā, main entranceway) by artist Johnson Witehira
was designed for the Summit. The waharoa was incorporated into other elements
of the Summit, including presentation visuals, formal dinner design and the
physical booklet.
41. The speakers’
programme reflected Māori elements e.g. the importance of Auckland’s Māori
identity was discussed in the session ‘Who are Māori? Their place in the
world’ led by the Hon Sir Pita Sharples and Hon Te Ururoa Flavell. The
‘Connection of Cultures’ panel discussed how indigenous peoples and culture are
finding a voice in business, and this was reinforced in a separate presentation
by the young Māori entrepreneur Brittany Teei, the inaugural mauri tū
winner of DigMyIdea Māori innovation challenge.
42. Further
supporting these Māori dimensions of the Summit, 85 per cent of surveyed
delegates reported that the Māori elements incorporated in the Summit were
excellent, very good or good.
Implementation
43. Guangzhou will host the next Tripartite Economic
Summit in 2017 with a focus on trade in technology, entertainment,
manufacturing, tourism, investment in transformational projects and government
co-operation.
44. Auckland Council’s Global Partnerships and
Strategy unit and ATEED will continue work with Auckland companies to generate
outcomes from the Los Angeles and Auckland Summits and will identify further
businesses, institutes and organisations that fit within the key sectors to
participate in GZ17.
45. The three-year term of the Tripartite Alliance expires in
November 2017 and will be up for renewal. The three cities will consider the
future of the agreement and what is in the collective interest of the three
city partners. This will be the focus of discussions among the three cities
over the next six months.
46. Based on these
discussions, opportunities and options to extend the Tripartite Alliance will
be reported to the Governing Body in the new year.
Attachments
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No.
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Title
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Page
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aView
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Tripartite Summit 2016 Programme
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17
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bView
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Key Performance Indicators report card
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19
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cView
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Memoranda of Understanding signed at the Summit
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21
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Signatories
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Authors
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Louella Pitt – Global Partnerships and Strategy
Advisor – Projects
Pam Ford – Head of International Partnerships, ATEED
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Authorisers
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Holly Warren – Manager, Global Partnerships and
Strategy
Jacques Victor – GM, Auckland Plan, Strategy and
Research
Sarah Johnstone-Smith - Lead Strategic Advisor,
Strategic Scanning
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