Māori Economic Development refers to the initiatives and strategies aimed at improving the economic well-being of the Māori people in New Zealand. This development focuses on leveraging Māori assets, including land, resources, and cultural knowledge, to create sustainable businesses and employment opportunities. Key areas of focus include tourism, agriculture, and fisheries, where Māori enterprises often emphasize cultural values and environmental sustainability. Collaborative efforts between Māori organizations, government, and private sectors aim to enhance economic growth while preserving Māori identity and heritage.