Drooid Logo
Back to today’s briefing

Story perspectives

Costco's New Store Promises 3,420 Jobs, $1.45B Boost

11/12/2025

49 8 Full Breakdown

1 of 1

Story summary
  • Costco plans to open its second New Zealand store in Drury, following Westgate.
  • Finance Minister Nicola Willis highlighted Costco's positive impact on local competition and employment.
  • The Drury site is part of a Kiwi Property development and will improve access for southern Auckland and Waikato.
  • The project could inject over $1.45 billion into Auckland’s economy and create about 3,420 jobs.
  • Fast-track approvals have been granted for the development.