New Zealand Research Report - February 2020

Friday 7 Feb 2020

The Big New Zealand Upgrade

In the late 2019 the government announced a $12 million injection for infrastructure. In late January 2020, $6.8 billion of transport projects were announced as part of the Big New Zealand Upgrade. We detail the projects and consider the influences. 

While there is still $4 billion of announcements to come, the latest announcement shows a significant emphasis on roading infrastructure, accounting for $5.6 billion, or just over 80% of the transport programme. Auckland will receive around $3.5 billion or 52% of the transport programme. Some of the projects are a continuation of existing or previously investigated projects. Of the 20 projects announced, 55% are expected to commence construction by the end of 2021. Many of the projects (60%) are forecast to complete in 2024 and 2025.

Please click the link to download the report.