New Zealand government to spend US $ 10.3bn on public transport, roads

New Zealand transport minister, Gerry Brownlee, has announced plans for a US $ 10.3 billion program to improve public transport and roads. Under the three-year plan, authorities for the public transport system, state highways and local roads will receive $ 1.36 billion, $ 4.09 billion and $ 3.29 billion, respectively, for upgrades.
September 11, 2012 Read time: 1 min
New Zealand transport minister, Gerry Brownlee, has announced plans for a US $ 10.3 billion program to improve public transport and roads.

Under the three-year plan, authorities for the public transport system, state highways and local roads will receive $ 1.36 billion, $ 4.09 billion and $ 3.29 billion, respectively, for upgrades.

Related Content

  • New Zealand tunnel project
    May 23, 2012
    New Zealand’s Waterview tunnel project in Auckland will provide a key link in, boosting capacity and safety while reducing congestion and journey times. A consortium will handle the work for the Waterview Connection road, in a deal worth $1.15 billion (NZ$1.4 billion). The Well Connected consortium includes local company Fletcher Construction as well as other New Zealand and overseas firms. The deal is of note as it will be New Zealand’s single largest highway project and work is due to commence in November
    Read More
  • Paraguay ‘needs about US$5bn’ to modernise transport infrastructure
    July 22, 2013
    According to consultancy firm Nippon Koei, Paraguay needs about US$5 billion to modernise all its local transport system over a period of ten years, encompassing roads, railway and air. Road projects worth $2.21 billion are currently being carried out using government funds. Remaining investments for road infrastructure have been calculated by Nippon Koei at $1.6 billion from Public-Private Partnerships, followed by $374 million from private funds, and public funds ($1.05 billion). About 15% of roads are in
    Read More
  • Work commencing on key New Zealand tunnel link
    August 3, 2012
    New Zealand prime minister John Key led an official ground-breaking ceremony this week to allow the start of excavation work for two new 2.4km-long motorway tunnels beneath suburban Auckland. The Waterview Connection project is on schedule to begin its main construction phase next year, and the prime minister was on hand to turn the first soil for a 30m-deep trench which is needed to allow access for the tunnels’ southern approach trench in the west Auckland suburb of Owairaka.
    Read More
  • Norway’s possible US$1.72bn annual cash from road tolls
    May 22, 2013
    The revenue generating potential of road tolls in Norway is worth US$1.72 billion (NOK 10bn) a year, according to National Public Roads Administration (Vegdirektoratet). The estimate, following a review by Vegdirektoratet for the 2014-2023 National Transport Plan (NTP) launched by the Norwegian government, is up significantly on the $1.03 billion (NOK 6bn) revenues estimated in the current NTP. According to the Administration, contributing factors to the rise in toll potential include increasing interest in
    Read More

Highlighted Content