Why invest in Niue?
Niue can offer much to investors, including attributes that cannot be found elsewhere in the South Pacific region:
- Niue is small so businesses are easier to organise and mobilise
- Highly educated, friendly, and hardworking English-speaking labour market
- Niue is closely connected to New Zealand and lots of opportunities for education and continuous development (capacity building)
- Close knitted working partnerships between businesses
- There are alternating flights twice a week to Niue so tourists are forced to stay for a week on every other flight
- Political stability- good governance
- Easy access to government- open door policy
- Safe and friendly people- crime free
- Ample land is available for development and varied marine life and marine culture can be found in Niue
- Niue uses New Zealand currency
- Niue currently has an under-developed tourism sector with high potential for further development
- There is an emphasis placed on Private-Sector led economic growth
Niue invites everyone whose wishes are to have a unique business experience by taking the road less traveled and invest in Niue. The journey will be adventurous and challenging, as one will be forced to face challenges that are exclusive only found in Niue business. However, the level and expanse of creativity and ingenuity that are required for one to succeed here are in itself exciting and rewarding. Creating a business in Niue also allows you the opportunity to enjoy the unique lifestyle Niue has to offer.
The tourism sector has great future potential. The tourism industry is very blessed with a unique and largely untouched natural environment with a strong authentic local culture to draw from. Traditional Niuean customs and culture are vibrant, exciting and unique, allowing tourists a great insight into Niue and its people. Promoting tourism should help to create jobs, bring in revenue and further support existing local businesses in Niue. Tourism-related activities that could be targeted for further development in Niue is accommodation, tourist-adventure activities, restaurants, and other activities that would encourage tourists to come and stay in Niue.
Agriculture has long been the core sector of industry in Niue. Niue agriculture is largely subsistence-based, and its development is hindered by limited fertile land, lack of surface water and occasional droughts and cyclones. Rainwater and groundwater are the only sources of water on the island. Principal crops currently grown on the island are taro, yams, bananas, cassava, and coconuts. Taro is the most important export crop, but the export market of perishables is hampered by limited air and shipping services.
At present, relentless efforts have focused on the development of agricultural products with proven commercial merits, particularly vanilla, nonu, taro and other crops with commercial export potential. Commercial agriculture is small in Niue but there is plenty of potentials for this sector to further develop. For example, there are other viable options currently being considered for the development of taro which includes researching and developing ways to strategically package, promote and market frozen taro to distant markets. Frozen processed taro (raw or cooked) has great potential in that it eliminates quarantine risks, prolongs shelve life and conveniently available in different options to the end consumer.
The infrastructure in Niue is well developed compared to the rest of the Pacific. Electricity is available all around Niue from the underground cables laid under the main road around Niue. Tap water is available in all villages; larger storage tanks can also be used for storing water if required. Most of the roads are sealed, there are also access roads to scenic sites and coastal areas. Telephones are also available around Niue and Niue is looking at an all around the island coverage upgrade of 4G in the near future.