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.