News

Government seeks infrastructure projects

The Government has tasked a group of industry leaders to seek out infrastructure projects that are ready to start as soon as the construction industry returns to normal to reduce the economic impact of the COVID-19 pandemic.

The Infrastructure Industry Reference Group, to be headed by Crown Infrastructure Partners chairman Mark Binns, will put forward to Ministers projects from the private and public sector that are ‘shovel-ready’ or likely to be within six months.

These new projects will be in addition to and build on the Government’s $12 billion New Zealand Upgrade Programme and existing Provincial Growth Fund infrastructure investments.

The Government will then decide which could be funded, contracted and ready to go as soon as the construction workforce is able to return to work. Relevant government departments will also provide advice to Ministers.

The group, which includes NZTA chairman Sir Brian Roche, KiwiRail chief executive Greg Miller and Infrastructure Commission chairman Alan Bollard as initial members, will work alongside the Provincial Development Unit (PDU) which has spent the past two-and-a-half years working with regions and is well-equipped to identify priority, shovel-ready projects up and down the country.

More information on the work of the Infrastructure Industry Reference Group and the project criteria is available on the Crown Infrastructure Partners website.