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

  • Rajasthan Mega Highways boost trade, tourism
    February 17, 2012
    Rajasthan is one of the most favoured tourist destinations of India for both domestic and international traffic on account of its rich array of historical forts, palaces, art and culture.
    Read More
  • Major plans for Chilean infrastructure development
    March 14, 2014
    A major plan for infrastructure is being put forward for Chile. Chile's Construction chamber (CChC) has presented a plan for some US$40 billion in infrastructure improvements to the new Chilean Government. The CChC has highlighted the concession model as being the most effective tool for encouraging private investment in infrastructure. The CChC suggests that Chile has a critical need for infrastructure development, but a serious shortfall of public funds according to a report by Business News Americas. Roa
    Read More
  • Huge investment for Vietnam transport
    August 6, 2012
    The authorities in Vietnam have identified the need for major investment in road infrastructure in Ho Chi Minh City. To bring the city’s transport infrastructure up to the necessary standard, some US$4 billion will be required/year over the next 10 years, according to local officials.
    Read More
  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports
    Read More

Highlighted Content