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

 


Basin Reserve Roading Improvements Must Go Ahead

Media Release
20 December 2012

Basin Reserve Roading Improvements Must Go Ahead

It would be a serious setback for Wellington if government transport funding for the region were to be withheld as a result of the Wellington City Council’s standoff with the New Zealand Transport Agency according to the Wellington Employers’ Chamber of Commerce.

This is the message Chamber President Richard Stone, who attended last night’s council meeting, has given to councillors.

“The Basin Reserve roading improvements must go ahead. Not only are they essential in themselves as a means of alleviating a major congestion point in the city's traffic but if they don’t go ahead efficiency of the entire network will be put at risk,” said Chamber President Richard Stone.

"Business strongly supports grade separation at the Basin Reserve. The investment will bring significant economic benefits to Wellington from increased transport efficiencies and quicker journey times. There will also be environmental benefits through reduced emissions.

“We agree with the NZTA that grade separation at the Basin Reserve is the circuit breaker to unlocking efficiencies across all transport modes in Wellington.

“It is disappointing a tunnel has been ruled out but we have to accept the experts’ advice that - in contrast to the section of road to run beneath the new Memorial Park which we support - this option is not feasible. The important thing now is to minimise the visual impact of the flyover, as NZTA has said it would do, and get on with it.

“It would be a serious setback for Wellington if government funding was lost at this point. What is more it does not send a good signal for businesses wanting to invest in Wellington,” Mr Stone concluded.


ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Statistics: Dairy And Travel Still Our Largest Export Earners

New Zealand earned $2.3 billion more from exports than we spent on imports during the year ended June 2015... total exports of goods and services were $67.5 billion, while total imports were $65.1 billion. More>>

ALSO:

Approval: Air New Zealand And Air China Launch New Alliance Route

Air New Zealand and Air China have today launched joint sales for a new daily direct service between Auckland and Beijing after receiving approval from New Zealand Minister of Transport Hon Simon Bridges to form a strategic alliance. More>>

ALSO:

Money Trading: FX Trader Jin Yuan Finance Warned Over Lack Of Monitoring

Jin Yuan Finance, an Auckland-based foreign exchange trader, has been warned over its lack of anti-money laundering processes in place in the first public notification by the Department of Internal Affairs. More>>

ALSO:

Auckland Surge, Possible Peak: House Values Accelerate At Fastest Annual Pace In 8 Years

New Zealand residential property values rose at their fastest annual pace in eight years in August, pushed higher by overflowing demand in Auckland, which is showing signs speculators think it has reached its peak, according to Quotable Value. More>>

ALSO:

Cash Money: Reserve Bank Launches New $5 And $10 Banknotes

The $5 and $10 final banknotes were revealed at an event at the Bank in Wellington, and will start to be released from mid-October 2015. More>>

ALSO:

Truck Sales Booted: Commerce Commission Files Charges Against Mobile Trader

The Commerce Commission has filed charges against a mobile trader, or truck shop operator, claiming he obtained money from customers by deception and never intended to supply them with the goods they paid for. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news