Development West Coast

Last updated

Development West Coast
IndustryEconomic Development Agency
Founded2001
HeadquartersGreymouth, New Zealand
Key people
Heath Milne (Chief Executive), Sam MacDonald (Chair)
Revenue7,394,803 New Zealand dollar (2025)  OOjs UI icon edit-ltr-progressive.svg
Total assets 151,801,932 New Zealand dollar (2025)  OOjs UI icon edit-ltr-progressive.svg
Number of employees
19 (2025)  OOjs UI icon edit-ltr-progressive.svg
Website dwc.org.nz

Development West Coast (DWC) is a charitable trust that operates in the West Coast region of New Zealand. DWC is the economic development agency and regional tourism organisation for the region.

Contents

Origin

Development West Coast (was set up as a Charitable Trust in 2001 to manage, invest and distribute income from a fund of $92 million received from the Government. This fund was an adjustment package for the loss of indigenous forestry and the privatisation of much infrastructure on the West Coast in the late 1990s. [1] DWC is governed by a Deed of Trust which specifies DWC's Objects - to promote sustainable employment opportunities; and generate sustainable economic benefits for the West Coast, both now and into the future.. [1]

Finances

In the 2015–2016 financial year, Development West Coast approved 20 loans worth a total of $14.4 million; in 2016–2017 it loaned $12.3 million to 18 businesses. It returned a profit of $5.3 million, after running a deficit in 2015. It had 11.5 staff positions and the Chief Executive was Chris Mackenzie, on a salary of $223,000. [2]

In 2021, in its 20th year, DWC's fund had grown from $92 million to $146 million. In 2019 it approved 80% of loan applications received, distributing $2.2 million, and gave $1.9 million to community projects. [3] In the year ending March 2021, it issued $6.7 million in loans, distributed $3.5 million to the community, and made a $14.2 million net profit. [4] It had 20 full-time staff under Chief Executive Heath Milne. [4]

By March 2025, DWC had directly invested $208.2m into the West Coast economy since 2001 while maintaining the fund’s value at $149m. [5]

Projects

EPIC Westport EPIC MRD 04.jpg
EPIC Westport

In 2010, DWC contributed $3.25 million towards the development of the West Coast Wilderness Trail, and also invested $1.25 million in the creation of the 85 km Old Ghost Road, New Zealand's longest back country cycle trail. [6]

In 2015, DWC added a $5 million Business and Industry Stimulus Fund to provide loans to new or struggling West Coast businesses. [7] One outcome of this was the establishment of EPIC Westport, a Westport technology centre and business incubator able to house 25 full-time workers and a dozen "hot-desk" users. EPIC Westport was a spin-off of the Enterprise Precinct Innovation Centre in Christchurch. [8]

In 2016 Fox Glacier received $1 million for a new community centre and the RSA in Hokitika $400,000 for a new hall. [2]

DWC has financially supported the revival of Reefton, funding the Reefton Shop Front Project to restore its Victorian-era streetscape, and contributing to the Reefton Powerhouse Trust, which aims to restore the original 1888 powerhouse on the Inangahua River that gave Reefton the first electric streetlighting in the southern hemisphere. [9] [10]

DWC is a shareholder in Te Ara Pounamu Ltd, which will spend $17.87 million developing new visitor centres in Westport, Greymouth, Hokitika, and Haast. [11] In response to the COVID-19 pandemic in New Zealand and the loss of tourism revenue, DWC pledged $5 million to support businesses in Fox Glacier and Franz Josef. They approached Tourism Minister Stuart Nash for an additional $35 million in support, but Nash suggested DWC release 10 per cent of its fund instead, suggesting the "rainy day" it was set up for had arrived. [3] DWC supported the creation of Now Open, an online directory of 180 local businesses that were operating under Level 3 restriction, and funded rebates for businesses switching to online delivery. [12] [13]

Development West Coast Tertiary Scholarships were launched in 2022. Four scholarships are offered annually to first time tertiary students as a means to provide a pathway for West Coast students to attain tertiary qualifications and return to the West Coast to undertake their career. The scholarships are valued up to $32,500 per student. [14]

In October 2022, DWC launched a global recruitment campaign called 'Cut out for the Coast'. [15] [16] [17] The campaign was a collaboration between DWC, Te Whatu Ora – Te Tai o Poutini West Coast and the local business community aimed at attracting workers who are ‘Cut out for the Coast. The campaign initially targeted health workers and later expanded to recruitment in other sectors. [18] [19]

DWC invested $3 million into Westland Mineral Sands (WMS) in November 2023. WMS is a minerals, ports and logistics company, which extracts heavy mineral sands including ilmenite, garnet and rare earth elements for the global market, from a site at Cape Foulwind, near Westport. [20] [21]

In the 2024/25 financial year, DWC invested AU$3 million in the Snowy River gold mine project near Reefton, [22] and contributed to the Richmond Quay development in Greymouth, which includes a new library, commercial facilities, and public spaces. [23]

In the same financial year, DWC supported housing initiatives through commercial lending to help address workforce-related housing shortages linked to major mining projects in the pipeline on the West Coast. [24] [25] [26] [27]

Awards

In 2012, DWC won the 'Not for Profit' category at the AUT Excellence in Business Support Awards. [28]

DWC won a Gold Award for 'Best use of Media Relations' at the 2022 Public Relations New Zealand (PRINZ) Awards. The award was for DWC's media outreach around the Ōkārito GorseBusters initiative. [29] [30] DWC was also runner up in the 'In-house PR Team of the Year' category. [29] [30]

DWC's media outreach around the 'Cut out for the Coast' [31] campaign won a Silver Award for 'Best use of Media Relations' at the 2023 PRINZ Awards. DWC also received a Silver Award for 2023 'In-house PR Team of the Year'. [32]

At the 2023 Economic Development New Zealand (EDNZ) Awards, DWC won the award for 'Best Practice in Collaboration' for the Upskill West Coast employment and training scheme. [33] [34]

DWC won a Gold Award for 'Most Innovative Campaign' for the 'West Coast Wikipedian at Large Project' at the 2024 PRINZ Awards. DWC also secured Silver Awards in four other categories: 'Best Use of Media Relations', ‘'Best Use of Digital and Social Media', 'Community Relations & Engagement', and ‘Best In-house PR Team’. [35] [36]

At the 2024 EDNZ Awards, DWC won the award for 'Best Practice for Sector and Cluster Development Award' for Te Tai Poutini Nature Economy Project. [37]

In 2025, Development West Coast received three Silver Awards at the PRINZ) Awards, recognised for Best Use of Media Relations, Marketing Communications, and Best In-house PR Team. [38] [39]

DWC won both the ''Best Practice for Sector and Cluster Development' and 'Best Practice for Integrated Strategy' categories at the 2025 EDNZ Awards. [40]


DWC won the Tourism Collaboration Award at the 2025 New Zealand Tourism for the Ōkārito Plant Project - a collaboration between local tourism operators, landowners, the Ōkārito Native Plants Trust, and DWC. [41]

References

  1. 1 2 Anderton, Jim (1 November 2001). "Economic development on the West Coast - a backgrounder". Beehive.govt.nz.
  2. 1 2 Mills, Laura (30 August 2017). "Development West Coast back in black after slashing consultants, admin costs and loans portfolio". New Zealand Herald. Retrieved 5 September 2021.
  3. 1 2 Naish, Joanne (4 March 2021). "Development West Coast's $128m fund for 'entire' region, not just Franz Josef". Stuff. Retrieved 5 September 2021.
  4. 1 2 Mills, Laura (31 August 2021). "DWC makes $14.2 million in revenue". Hokitika Guardian . p. 1.
  5. Naish, Joanne (27 August 2025). "Development West Coast pumps more than $200 million into local economy". The Press.
  6. Carroll, Joanne (11 March 2016). "West Coast's Old Ghost Road forging region's new identity". Stuff. Retrieved 18 June 2022.
  7. Murphy, Sally (23 September 2015). "$5m stimulus fund for West Coast businesses". RNZ . Retrieved 18 June 2022.
  8. Fulton, Tim (17 February 2016). "High-tech jobs for Westport as Epic technology centre comes to town". Stuff.
  9. "Power to the People". RNZ . 15 November 2019. Retrieved 18 June 2022.
  10. "Boomtown Revival: The metamorphosis of a mining community". NZ Business. 25 November 2019.
  11. Carroll, Joanne (16 June 2020). "$18m for West Coast pounamu pathway". Stuff. Retrieved 19 November 2020.
  12. "Prime Minister Jacinda Ardern takes time at level 3 to praise Kiwi business ingenuity". Stuff. 11 May 2020. Retrieved 18 June 2022.
  13. "Cash for West Coast businesses to help out during alert level 3". RNZ . 31 August 2021.
  14. Scanlon, Lee (14 January 2022). "DWC awards scholarships". Westport News. p. 3.
  15. Brownlie, Kaysha (11 October 2022). "West Coast launches 'Are you cut out for the Coast?' marketing campaign to help with staffing issues". Newshub . Archived from the original on 13 January 2023.
  16. McLure, Tess (24 October 2022). "Big opportunity, little interest: New Zealand struggles to fill dream job protecting wildlife". The Guardian.
  17. "West Coast recruitment campaign". TVNZ Breakfast. 11 October 2022.
  18. Ferguson, Susie (5 October 2022). "Development West Coast hoping to attract more workers". RNZ .
  19. Naish, Joanne (17 October 2022). "Nurse ditches Australia for better life on the West Coast". Stuff.
  20. Scanlon, Lee (17 November 2023). "West Coast trust invests $3m in minerals company". RNZ .
  21. "Development West Coast invests $3m in mineral sands mining group". Business Desk. 17 November 2023.
  22. Hunter, Tim (28 March 2025). "West Coast gold mine raises equity ahead of IPO". NBR.
  23. "Multimillion-dollar Greymouth library design finalised". The Press. 12 March 2025.
  24. Naish, Joanne (17 August 2025). "Huge housing demand in West Coast town as hundreds of mining jobs open up". The Press.
  25. Naish, Joanne (27 August 2025). "Development West Coast pumps more than $200 million into local economy". The Press.
  26. Naish, Joanne (17 May 2025). "New subdivision will help ease West Coast housing shortage as mining industry fuels demand". The Press.
  27. Slabbert, Blayne (12 August 2025). "Pay cheques soar as miners flood to West Coast for biggest opportunity in a generation". The Press.
  28. "Development West Coast wins AUT Excellence Award". Scoop. 8 November 2012.
  29. 1 2 Mills, Laura (24 May 2022). "DWC wins PR award". Greymouth Star.
  30. 1 2 Sherman, Janna (24 May 2022). "DWC's media outreach for gorsebuster project a winner". Hokitika Guardian.
  31. Brownlie, Kaysha (11 October 2022). "West Coast launches 'Are you cut out for the Coast?' marketing campaign to help with staffing issues". Newshub . Archived from the original on 13 January 2023.
  32. Scanlon, Lee (29 May 2023). "DWC wins two awards". Westport News. p. 1.
  33. Mills, Laura (7 November 2023). "DWC collects another award". Greymouth Star. p. 1.
  34. Joseph, Raquel (7 November 2023). "Development West Coast takes home award". Westport News. p. 3.
  35. Scanlon, Lee (31 May 2024). "Development West Coast scoops awards". Westport News. p. 1.
  36. Mills, Laura (5 June 2024). "DWC takes major award". Greymouth Star. p. 2.
  37. Mills, Laura (24 October 2024). "DWC scoops national award". Greymouth Star. p. 3.
  38. "DWC wins PRINZ Awards". Westport News. 5 June 2025. p. 3.
  39. "West Coast stories shine on the national stage". West Coast Messenger. 4 June 2025.
  40. "Double win for Coast at national awards". West Coast Messenger. 19 November 2025. p. 14.
  41. Naish, Joanne (11 November 2025). "Ōkārito Plant Project wins national tourism award". The Press.