A high wage, low-emission economy is what New Zealand needs and the Government is investing in digital technologies to reach the goal.
David Clark, Minister for the Digital Economy and Communications, said the government has approved another $20 million over four years towards two key initiatives in the digital technologies Industry Transformation Plan. This Budget 2022 allocation would help tech companies fulfil their potential as generators of high-value jobs and export revenue.
“In 2020, the digital technologies sector contributed $7.4 billion to the economy. Since 2015 it has, on average, grown about 77% faster than the general economy,” Clark said.
Local tech would need to be trained by the best, as a result the government also gave the thumbs up for senior key roles in the industry to be fast-tracked on their path to residency. Information and communications technology managers, software engineers, information and communications technology security specialists, and multimedia specialists will be on a green list for the purpose, Clark said.
READ MORE:
* The future of Aotearoa’s economy depends on startups
* Government and NZTech step up urgency of ambitions for technology sector
* Six hundred border exemptions granted for tech workers
To be on the list, multimedia specialists would need to be paid $95,000 or more, and the rest $120,000 or more, Clark said.
“If we want our tech workforce to be world leaders, it makes sense they learn from world leaders.”