“The Government’s $12 billion infrastructure
programme is a fantastic start towards building the infrastructure New Zealand
needs to realise its potential,” says Infrastructure New Zealand CEO Paul
The Government announced the details for over
$7 billion of its $12 billion in infrastructure spending today. Transport
investments were made across New Zealand’s growth areas, with $5.3 billion
allocated to road corridors (including accompanying cycle- and footpaths), $1.1
billion to rail, and nearly $400 million on the Skypath and Seapath for cycling
and walking across Auckland’s Waitematā Harbour.
The announcements also included $300 million
for health facilities, the previously announced $400 million for schools, and a
portion of the promised $200 million for decarbonising heating at hospitals and
“The infrastructure sector has been crying
out for investment and a long-term pipeline, which this package delivers. The
new partnership approach outlined in the Construction Sector Accord is now
absolutely critical to move these plans off the page and into the hands of
Kiwis,” says Blair.
Announcements about how the $4 billion
Multi-Year Capital Allowance will be spent can be expected at the May Budget
and the Auckland Light Rail decision is expected soon.
“The additional spending and multi-year
nature of the package should provide the sector with the confidence to ramp up
recruitment, training, and capital investment, with more yet to come,” says
“Te Waihanga – the NZ Infrastructure
Commission – will be producing a long-term infrastructure strategy for New
Zealand within the next two years that we expect will reveal tens of billions
of infrastructure need across the country.
“Our water, schools, hospitals, climate
resilience, defence, and housing infrastructure all have significant needs.
“Today’s announcements show central
government’s funding power, however local government owns 40 per cent of our
infrastructure and largely control RMA processes which are critical to
“We call for enhanced partnership between
central and local government (including the right funding and incentives), to
maximise the effectiveness of this top-down investment.
“The time is right to move our attitude from
infrastructure ‘costs’ to ‘investments.’ With a strong fiscal position and low
borrowing costs, there has never been a better time for a long-term,
multi-partisan approach to investing in New Zealand’s future wellbeing,"
For further information and
comment contact Paul Blair on 021 902 436