Tokapa: Difference between revisions

Because the national government and major state-owned corporations are housed in this city, about a third of the economy is driven by the government and state-led activities. Tokapa is the wealthiest citty in the country - with a total GDP of 100 billion KRB and a GDP per capita of 50,000 KRB. Its GDP per capita is artificially inflated by the large companies located here and the fact that many high-income individuals are registered residents of the city. Because the city has a shallow bay, its port is unable to dock large ships, [[Tauranga a te Toka]] controls trade in and out of Tokamotu. Thus most industrial activity moved to Tauranga a te Toka. This has led to most young and low income people preferring to work in Tauranga, where living expenses are lower and low to middle skilled jobs are easily accessible. Thus, the economy of the city quickly shifted to services. With the economy shifting to services, the city attracted middle-income families, high net-worth individuals and highly educated labour. The high income of the residents further deterred young and low-income workings from residing here. Instead they live in Tauranga, where not only are living costs lower, but the city is close to Tokapa - allowing them to find and commute easily to work in the capital.

Therefore, The economy is highly service-led with financial services, retail, logistics, tourism, telecommunications and internet services comprising the bulk of the economy. The city is home to the Tokapa Stock Exchange, which is the de facto national securities exchange in the country. It is home to the headquarters of the Oan Industrial and Commercial Bank, [[Standard National Bank]], the [[Metatron Corporation]], and various other major institutions. The city has many historic sites and public attractions such as the Palace of Putangitangi, museums, art galleries, botanical and zoological gardens, resorts, hotels, amusement parks, night clubs, restaurants, festivals and ancient ruins, which attract millions of domestic and foreign tourists annually.