More foreign students would boost New Zealand's economy says Minister

February 24, 2016
Foreign students can be worth $19 million to the economy of Taranaki by the year 2025, under the plans for expanding the sector was started this week.

Presently, around 450 foreign students in this region of New Zealand, yearly contributing around nine million dollars to the country’s economy.

But Taranaki Foreign Education Strategy that was launched in the New Plymouth by Steve Joyce, Tertiary Education targets to grow the number to around 750 students in a decade.

Foreign education bring around 2.85 billion dollars to the economy of the country every year and it also supports around 30,000 jobs all over the country. The target of the government is to raise the value of industry to around five billion dollars by the year 2025.

According to Joyce, the government was eager to push the foreign students for looking at the regions for education areas. Increasing the foreign education sector in New Zealand will have many benefits. He also said that he want to see more development in the regional areas of New Zealand.

More foreign students would boost New Zealand’s economy says Minister

He also informed that most of the students from China and India are coming to study in New Zealand every year.  That could be good for the country. Foreign students coming here to study in New Zealand is good for the future of the country and the young people would be connected for understanding their cultures, mainly through Asia Pacific regions. 

The Minister also told that the Taranaki Foreign education strategy would bring the education providers together to tell what this region has got to offer both in the lifestyle and education.

There are around nine tertiary and secondary education providers that are involved in this project and those are Inglewood high school, Francis Douglas Memorial College, New Plymouth Boys' High School, Spotswood college, New Plymouth Girls' High School, Sacred Heart Girls' College, acific Hotel Management School in Bell Block and St Mary's Doicesian in Stratford.

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