policy & cost-benefit analysis | covec

By: Covec  06-Dec-2011

Ports of Auckland is the largest port in New Zealand, carrying 37% of annual trade (by value). This project estimated the economic impact of the port by analysing the effect of its operations on the regional economy. It showed that the port generated employment for over 1,000 people, and generated regional GDP of $144 million per annum.

The information in this article was current at 02 Dec 2011

Other products and services from Covec


economic modelling & analysis | covec

These include the regional tourism forecasts which are produced as part of the Ministry of Tourism’s forecasting programme, tourism analysis and forecasts developed for use in strategic planning processes and detailed analysis of the tourism impacts generated by major events.


forecasting & projections | covec

Covec is highly skilled at applying all modern forecasting techniques to assist clients with developing plans and strategies, including developing econometric and time-series models, economic modelling and stakeholder consultation. Our forecasts also incorporate qualitative information from industry stakeholders and other credible sources, to capture effects that are not easily incorporated into quantitative models.


litigation support | covec

In such cases, Covec can supply expert testimony, locate other experts, work with solicitors and barristers to formulate the case, and attend hearings for the purpose of cross-examination. Analysis and expert testimony on the economic implications of alternative treatments of taxation in the assessment of gas pipeline regulation, before the High Court in Wellington.


competition & regulatory advice | covec

Detailed empirical modelling of the cost and demand for different forms of waste collection in cities of varying sizes, including modelling economies of route density. Review of the telecommunications and broadcasting industries in Macao, and development of principles to guide drafting of competition law for these sectors.


commercial transaction support | covec

We have updated the forecasts several times since then to support various processes, including the partial sale of Cairns Airport to Auckland Airport in 2010 and a substantial debt refinancing process in 2011. Covec was commissioned by a consortium of investment banks to generate annual passenger forecasts to 2030 to support the purchase of Cairns & Mackay Airports in Northern Queensland.