He said the Bay needed to explore all opportunities for growth, with oil and gas and water storage two avenues which should be considered.
"If you look at most regions in New Zealand, yes, they all have service industries, engineering industries, but a lot of the growth is driven by the primary sector in the provincial areas."
Napier's Labour Party spokesman Stuart Nash disagreed, saying Hawke's Bay needed a regional growth strategy and a shift in focus away from the primary sector.
"If people want to work then they've got to leave the small towns, and move into the bigger cities, and it's a real shame because we are seeing a real hollowing out of small town provincial New Zealand.
"While acknowledging the importance of the primary sector, I think our focus needs to now be in other sectors.
"I'm a huge believer in innovative policies to attract businesses. Oil and gas is not the future of Hawke's Bay, and I don't think the dam is."
Companies such as ABB and Big Save Furniture were examples of Bay-based success stories which Mr Nash believed could be replicated.
Forestry also had huge potential for regional New Zealand and said he would "love" to see Wairoa freezing works develop a range of innovative products.
Labour leader David Cunliffe was unavailable yesterday.