update of the Infrastructure Pipeline is a sign that the New Zealand
Infrastructure Commission – Te Waihanga is making good progress and we look
forward to more government agencies, councils, and council-controlled
organisations contributing to the pipeline over time,” says Paul Blair, CEO of
Infrastructure New Zealand.
“The Commission has launched its first update of the Infrastructure
Pipeline, a tool which catalogues proposed and underway
infrastructure projects across the country.
“The current project pipeline has a combined value of over $20
billion, but is still only a fraction of what it will eventually become.
“Around $130 billion is expected to be spent on infrastructure
over the next 10 years, including private infrastructure, which future
iterations of the pipeline will gradually capture.
“Particularly pleasing is the introduction of local government
projects, continuing momentum towards a single, comprehensive forward works
programme for the country.
“Having a clear pipeline of work is essential for construction and
engineering firms to understand what projects are on the horizon and where
their labour and capital will be needed next.
“If projects are slowing down in one region or sector, it is
important for firms to be able to readily identify other opportunities around
“Greater transparency and certainty of work is critical to
supporting investment in the skills, technology and systems necessary to
improve poor productivity and manage risk across the construction sector.
“Once the country has an identified pipeline in place, we can
really look to optimise investment.
“Via this approach, Watercare in Auckland expects to reduce the
cost of its infrastructure programme by 20 per cent.
“Even just a 10 per cent saving across the national programme over
the next decade would allow some $13 billion of investment to proceed which
otherwise would not have.
“That’s sufficient to deliver the Let’s Get Wellington Moving
transport plan and clear the country’s backlog of water supply and wastewater
needs, delivering great outcomes for everyday kiwis.
“The Infrastructure Pipeline illustrates the importance of the
Commission’s powers to collect data from government departments, including
local councils and their council-controlled organisations.
“We are pleased to see the Commission continue work on the
pipeline and to signal work on their major deliverable: the 30-year
“The Commission will provide the strategy report to the Government
towards the end of 2021 and update it at least every 5 years.
“The strategy and pipeline will ultimately provide a robust
evidence base for both public and private investment decisions over the long
term, helping to depoliticise major projects and get the most out of the
nation’s capital investment,” says Blair.
For further information and
comment contact Paul Blair on 021 902 436.