A proposal to the Government to set up special economic zones has been welcomed by Greater Wellington Regional Council chairman Chris Laidlaw.
The proposal made by The New Zealand Initiative research institute reported that New Zealand would benefit from a policy change that would allow local government to request regional variations on national level regulations "to suit local needs".
"In principle the idea of special economic zones is very interesting and worthy of further consideration, even if it raises some potentially awkward questions," Mr Laidlaw said.
"We certainly need more flexibility in the way local government is funded and there is a variety of options that need to be explored.
"The concept of special economic zones is one possible way to introduce more flexibility.