Government releases latest 30 year infrastructure plan
Government releases latest 30 year infrastructure plan
The 30 Year New Zealand Infrastructure Plan, released today, anticipates expenditure in the next ten years of around $110 billion.
Key challenges identified in the document are:
• high maintenance and renewal costs due to ageing infrastructure networks
• affordability constraints at both local and central government levels
• changes to infrastructure requirements due to the greying population
• uneven regional growth, with 92% of population growth to occur within just five regions
• the need for infrastructure to support higher productivity
• the pace of technological change
• the
concentration of economic growth in certain regions,
creating infrastructure "pinch
-points"
• the need for good international connections if
New Zealand is to fully capitalise on the
emergence of Asia, and
• the pressures created by the
effects of climate change and emerging natural resource
constraints.
The Action Plan to address these includes:
• developing national shared data standards
for infrastructure and more transparent
pipeline
data
• establishing regional centres of excellence, or similar, to support decision-making
• investigating options to support long-term, integrated regional infrastructure plans
• improving procurement governance, and
• developing a trans-Tasman procurement market with Australia.
ends