Wellington
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The new Government has a unique chance to end the instability in New Zealand’s infrastructure pipeline and save money by committing to a longer-term plan to build what the country needs to grow and prosper. That’s the message from Infrastructure New Zealand as it releases a new report, prepared by Infometrics, showing the costs of continuing on our “listless infrastructure path”.
Join us for this launch, co-hosted with Forsyth Barr, in Wellington on 14 November as we showcase our new report, Estimating the Costs of an Uncertain Infrastructure Pipeline. We will hear from CEO of Infometrics, Brad Olsen as well as panellists Alan Pollard from Civil Contractors New Zealand, Susan Lucking from BNZ and Geoff Cooper from Te Waihanga, who will discuss their views and comment on the report's wider relevance.
RSVP now to secure your spot as spaces are very limited.
For New Zealand to reach its potential, prioritising a more certain infrastructure pipeline is an immediate action the Government can do to increase productivity and allow us to build more, for less.
The report shows that streamlining delivery by Government committing to a more certain infrastructure pipeline could result in productivity and savings improvements of between 13% - 26.5% on future infrastructure projects. If applied, these savings could increase the amount spent on infrastructure delivery by between $2.3 billion and $4.7 billion per year over the 2025-31 period.
The end result is a massive increase of $16 billion to $33 billion in infrastructure investment through to 2031. New Zealand badly needs to drive its infrastructure build, but we also need to be prudent in what we spend in a period of fiscal restraint, so this would be a real game changer.
Estimating the Costs of an Uncertain Infrastructure Pipeline was undertaken by Infometrics and is available here.
Brad Olsen - CEO and Principal Economist, Infometrics
Geoff Cooper - General Manager - Strategy, Te Waihanga
Susan Lucking - Head of Infrastructure, Government & Specialised Finance, BNZ
Alan Pollard - CEO, Civil Contractors New Zealand
Facilitated by Nick Leggett - CEO, Infrastructure New Zealand