New Zealand road safety budget increase

New Zealand is increasing its budget for road safety measures. Included in the plan for the 2018/2019 period will be a series of upgrades to noted danger spots on local roads as well as improving intersections. The budget will now be US$2.76 billion (NZ$4 billion), an increase from the $2.48 billion (NZ$3.6 billion) for the 2017/2018 period.
July 2, 2018 Read time: 1 min

New Zealand is increasing its budget for road safety measures. Included in the plan for the 2018/2019 period will be a series of upgrades to noted danger spots on local roads as well as improving intersections. The budget will now be US$2.76 billion (NZ$4 billion), an increase from the $2.48 billion (NZ$3.6 billion) for the 2017/2018 period.

Road Structures

Related Content

  • 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
  • Volvo CE reports improving financial position
    October 19, 2020
    Volvo CE is reporting an improving financial position.
    Read More
  • Wacker Neuson is reporting strong half year results
    August 6, 2019
    Wacker Neuson is reporting strong financial performance for the first half of 2019. The firm says that it continued on its growth path, with revenue climbing 15.2% compared with the same period in the previous year. Revenue hit €950.7 million compared with €825.1 million for the first half of 2019. “The first half of the year showed us once again that our solutions meet the needs of our customers,” explained Martin Lehner, CEO of Wacker Neuson SE. “We gained shares in numerous markets, driven largely by our
    Read More
  • Sales up 30% in Volvo CE’s Q1 2018
    April 24, 2018
    Significant market demand increases in all major regions – especially in Asia - helped propel Volvo Construction Equipment to a strong first quarter of 2018. During the first three months of the year, Volvo CE saw net sales jump by 30% to SEK 20,914m (€2.013bn – up from €1.55bn in Q1 2017). Operating income rose to SEK 2,888m (€278.03m), up 79% compared to SEK 1,615m (€155.48m) in the first quarter of 2017. Operating margin also saw strong improvement, at 13.8%, compared to 10% in the same period the year
    Read More

Highlighted Content