announcement that the bulk of the $3 billion shovel ready infrastructure fund
has been finalised is welcome, but to avoid major lay-offs in the engineering,
design, consulting and construction sectors, projects must be urgently brought
to market,” says Infrastructure New Zealand CEO Paul Blair.
Robertson and Jones announced today that $2.6 billion of the $3 billion shovel
ready fund has been allocated to 150 projects, with $400m still to be
spend is grouped into four main sectors, comprising $708m spent on transport,
$670m on community and social development, $464m on housing and urban
development, and $460m on environmental projects.
market participants up and down the country will be pleased that the Government
has announced this next step.
for employers hurt by the sudden drop-off in local government and private
sector investment, today’s announcement may not give them the certainty needed
to retain underutilised staff.
the 6 weeks since the Infrastructure Reference Group provided their list of 800
projects, a significant gap has emerged in the infrastructure forward works
Contractors NZ and the Association of Consulting Engineers NZ have estimated
that engineering and construction job losses could hit 10,000 without money
rapidly flowing into projects and programmes of deliverable work.
fundamental challenge still facing the industry is the lack of clearly defined
projects and a timeline for when they will be brought to market.
12 projects were signalled today and details of when they would be tendered or
how have not been released.
survey conducted by Infrastructure NZ in March showed that few employers can
afford to wait 12 months on the basis of future spending promises.
we use accelerated delivery models to rapidly move from announcements to money
flowing into actual projects which put people to work?
industry strongly supports government infrastructure stimulus efforts, but urgently needs more detail
on the projects and to proceed at pace,” says Blair.
For further information and
comment contact Paul Blair on 021 902 436