New Zealand plan

New Zealand’s Transport Ministry 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.
November 28, 2012 Read time: 1 min
New Zealand’s Transport Ministry 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

  • Brazil: Phase 2 of PAC infrastructure programme shows results
    December 18, 2014
    Brazil has built nearly 5,200km of roads in the past four years, according to a review of the federal government's PAC Phase 2 accelerated economic growth programme. Around 1,400 of the 5,200km were built under long-term concessions and another 7,000km are under construction. Total investment has been around US$24.43 billion. PAC is a strategic investment programme that combines management initiatives and public works, according to the World Bank. The first phase, launched in 2007, saw around $349 bil
    Read More
  • Revenue holds steady for Wacker Neuson in 2016
    March 16, 2017
    Wacker Neuson said that it managed to keep 2016 revenue stable despite challenging market conditions but profitability was impacted by crises in key markets. The company is positive about 2017 and expects revenue and earnings to grow again. Revenue for 2016 was €1.36 billion, up only 0.3% on 2015. Profit was negatively affected by crises in emerging markets and industries as well as a number of one-off effects, the company said. Profit before interest and tax (EBIT) contracted 15% to just over €88
    Read More
  • Germany boosts transportation infrastructure spending for 2017
    December 19, 2016
    Germany has boosted its transportation infrastructure spending for 2017. The biggest slice of the budget - 42% - goes to the labour and social welfare ministry, followed by the military which gets just over 11% of the money, €36 billion, up €2.7 billion. The total budget of the German Ministry of Transport and Digital Infrastructure amounts to €26.8 billion, up 9.2% or €2.2billion from this year. Of this €26.8 billion, €13.7 billion will be invested in infrastructure. This will grow in 2018 to €14.4 b
    Read More
  • Key African highway concession signed
    April 19, 2022
    The concession package has been signed for a key African highway.
    Read More

Highlighted Content