NEW ZEALAND (Reuters) – New Zealand’s telecommunications industry and government on Tuesday signed an agreement to create a new training program for overseas telecommunications workers, which could see them move to the United States to work for Telstra or Telstra’s international affiliate.
The government said it would fund the venture, which will be managed by an Australian-based venture capital firm, with $5 million in government support, with further funding to come.
Telstra, Telus, Optis and Cablevision (CSC) already operate their own international training programs in New Zealand.
The companies are among dozens of telecommunications companies that are looking to expand their services in the United Kingdom and other countries to train workers in other countries, after Britain’s vote to leave the European Union.
New Zealand has already been attracting a large number of overseas telecommunications graduates, as it seeks to boost the country’s skills to compete with the United states.
“This is a new way to train Australians to do work overseas,” Communications Minister Steven Joyce said.
“We’re taking a big leap forward, a real global approach to training, and this will be the start of that.
We want to ensure that the workforce has the skills and experience to take on the challenges that lie ahead.”
The company’s announcement comes a month after Prime Minister John Key announced plans to open a new communications training center in the British resort of Battersea.
The centre will include telecommunications engineers, software engineers and IT specialists.