Microsoft has been granted consent from the New Zealand Overseas Investment Office (“OIO”) to advance its plans to open a datacenter region in Aotearoa.
The OIO determined that Microsoft and the individuals who will govern the investment on the company’s behalf satisfy OIO’s requirements under the Overseas Investment Act. The OIO’s consent is subject to standard statutory conditions and Microsoft is fully committed to fulfilling them.
OIO’s decision is an important step forward; one that will help Microsoft continue our mission to fuel new growth for our New Zealand customers as they accelerate their digital transformation opportunities.
Maciej Surowiec, Government Affairs Lead New Zealand, Corporate, External & Legal Affairs (CELA)