New Zealand's ambitious infrastructure plan

New Zealand's Government is setting out its plans for transport infrastructure investment for the next 10 years.
February 16, 2012 Read time: 1 min
New Zealand's Government is setting out its plans for transport infrastructure investment for the next 10 years. The Government Policy Statement on Land Transport Funding (GPS) has been revealed by the Ministry of Transport and will commence in July 2012. The plans detail some US$31.06 billion (NZ$36 billion) of spending on roads and rail infrastructure. In addition, a Road Maintenance Task Force is being launched that will comprise people from the 2574 NZ Transport Agency (NZTA), the industry and the local government. The aim of this body is to boost the cost effectiveness of road projects for road authorities.

For more information on companies in this article

Related Content

  • Consultation soon for Vancouver area’s Massey Tunnel replacement
    September 19, 2019
    The Canadian province of British Columbia could put options for a Massey Tunnel replacement out to consultation late this year or early next. A statement from the BC ministry of transportation and infrastructure said the government is in discussions with various stakeholders about which options it will put out for consultation. Whatever option is chosen to replace the ageing four-lane Massey Tunnel – be it a bridge or another tunnel – it will be will be either six or eight lanes, according to the gove
    Read More
  • The UK's massive road repair budget
    November 17, 2023
    The UK has announced a massive road repair budget.
    Read More
  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
    Read More
  • Road safety improvements for key New Zealand roads
    December 19, 2018
    A series of road improvements are to be carried out in New Zealand to help boost road safety. The New Zealand Government has identified 870km of roads that suffer high crash rates and which are in need of safety upgrades. A budget of US$901.5 million (NZ$1.4 billion) has been set for the work, which should be complete by 2021. Rumble strips, guard rail and shoulder widening are planned to be carried out.
    Read More

Highlighted Content