Wednesday, 12 May 2021, 4:01 pm
To grow the economy and improve social outcomes, New
Zealand needs sustained and ongoing investment in and
improvements to its infrastructure. Last year’s budget did
not allocate sufficient funding to address the
infrastructure deficit which is estimated to be $75bn. New
Zealand must address this to meaningfully improve living
standards.
While central and regional authority
funding will always be vitally important to improving
infrastructure, appropriate private sector finance has a key
role to play in advancing these objectives and addressing
New Zealand’s infrastructure requirements.
What are
the benefits of private sector financing?
Appropriate
private sector financing (used prudently) can accelerate the
Press Release – New Zealand Infrastructure Commission
The New Zealand Infrastructure Commission, Te Waihanga, is proposing an overhaul of the way New Zealand’s infrastructure is planned, prioritised and built, in a consultation document released today.
Te Waihanga Chief Executive Ross Copland says the document He Tūāpapa ki te Ora, Infrastructure for a Better Future sets a proposed direction for a 30-Year Infrastructure Strategy, which is being developed.
“New Zealand is facing some huge challenges. As our cities age many of the infrastructure networks that support them are nearing end of life, often at the same time. Add to that the need to redesign our fossil-fueled energy system, improve water quality, relieve our congested towns and cities and build the new houses we need for a growing population, there is a lot to do. This is going to require bold, decisive action, starting now,” says Copland.
Wednesday, 12 May 2021, 6:40 am
The New Zealand Infrastructure Commission, Te Waihanga,
is proposing an overhaul of the way New Zealand’s
infrastructure is planned, prioritised and built, in a
consultation document released today.
Te Waihanga
Chief Executive Ross Copland says the document He
Tūāpapa ki te Ora, Infrastructure for a Better Future
sets a proposed direction for a 30-Year Infrastructure
Strategy, which is being developed. New Zealand is
facing some huge challenges. As our cities age many of the
infrastructure networks that support them are nearing end of
life, often at the same time. Add to that the need to
Press Release – New Zealand Infrastructure Commission The New Zealand Infrastructure Commission, Te Waihanga, is proposing an overhaul of the way New Zealands infrastructure is planned, prioritised and built, in a consultation document released today. Te Waihanga Chief Executive Ross Copland says …
The New Zealand Infrastructure Commission, Te Waihanga, is proposing an overhaul of the way New Zealand’s infrastructure is planned, prioritised and built, in a consultation document released today.
Te Waihanga Chief Executive Ross Copland says the document He Tūāpapa ki te Ora, Infrastructure for a Better Future sets a proposed direction for a 30-Year Infrastructure Strategy, which is being developed.