Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Expressions of Interest for Prison Welcomed

Media statement
4 November 2010

Investors Welcome the Invitation for Expressions of Interest for Wiri Prison PPP

The New Zealand Council for Infrastructure Development welcomes the announcement from Ministers English and Collins that Cabinet will proceed with a custodial Public and Private Partnership (PPP) for the procurement of the new men's prison at Wiri, South Auckland.

Private sector innovation has the potential to reduce costs in publicly operated prisons, while improving prisoner rehabilitation and bringing an overall benefit to the sector. PPPs enable the public sector to retain control of the service provision because payment to the private sector providers is dependent on delivering the contracted service outcomes.

Industry notes Government's desire to improve prisoner rehabilitation and reintegration, as well as the importance of adapting services to meet the cultural needs of Maori.

The announcement to proceed with the Wiri PPP follows the recent release of the Defence White Paper, which signalled an intention to investigate the use of PPPs in the provision of infrastructure and support services to the defence sector. The Ministry of Education is also investigating PPPs to assist in the delivery of new schools.

NZCID is pleased to observe this emerging pipeline of infrastructure projects which will reassure constructors and financiers of ongoing opportunities to invest in New Zealand. Importantly, this will encourage local business, including the New Zealand Super Fund and Iwi, who are looking for opportunities in the domestic market. Without opportunities to invest in New Zealand, these funds and others will be forced to invest overseas, which would be an unfortunate outcome for New Zealand, given the country's well-recognised backlog of infrastructure investment.

"PPPs give business the chance to invest in the future of New Zealand, while providing value for money for tax payers, it's an opportunity for a win-win solution", says NZCID Chief Executive Stephen Selwood.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Up 0.5% In June Quarter: Services Lead GDP Growth

“Service industries, which represent about two-thirds of the economy, were the main contributor to GDP growth in the quarter, rising 0.7 percent off the back of a subdued result in the March 2019 quarter.” More>>

ALSO:

Pickers: Letter To Immigration Minister From Early Harvesting Growers

A group of horticultural growers are frustrated by many months of inaction by the Minister who has failed to announce additional immigrant workers from overseas will be allowed into New Zealand to assist with harvesting early stage crops such as asparagus and strawberries. More>>

ALSO:

Non-Giant Fossil Disoveries: Scientists Discover One Of World’s Oldest Bird Species

At 62 million-years-old, the newly-discovered Protodontopteryx ruthae, is one of the oldest named bird species in the world. It lived in New Zealand soon after the dinosaurs died out. More>>

Rural Employers Keen, Migrants Iffy: Employment Visa Changes Announced

“We are committed to ensuring that businesses are able to get the workers they need to fill critical skills shortages, while encouraging employers and regions to work together on long term workforce planning including supporting New Zealanders with the training they need to fill the gaps,” says Iain Lees-Galloway. More>>

ALSO:

Marsden Pipeline Rupture: Report Calls For Supply Improvements, Backs Digger Blame

The report makes several recommendations on how the sector can better prevent, prepare for, respond to, and recover from an incident. In particular, we consider it essential that government and industry work together to put in place and regularly practise sector-wide response plans, to improve the response to any future incident… More>>

ALSO: