The role of science and innovation in unlocking the potential of the Bay of Plenty's Maori economy is the subject of a workshop at Scion in Rotorua today.
Run by Te Puni Kokiri, the free workshop is aimed at business owneers, individuals and others interested in networking with experts from
Crown Research Institutes, universities and government agencies such as the Ministry of Science and Innovation.
The Waiariki region's Maori economy is estimated at $7 billion _ 18 per cent of the total Maori asset base in New Zealand _ and is made up of Maori land trusts, incorporations, Maori businesses, Crown forest lease settlements,
Te Ohu Kaimoana (fisheries) and other entities.
Te Puni Kokiri regional manager Rachel Jones said the potential of the Maori economy had been likened to a sleeping giant.
"Business and Economic Research Limited (BERL) has forecast the value of improved science and innovation
within the Maori economy at an extra $12 billion per annum and 150,000 jobs by 2060.
