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

 

Civil Contractors welcomes new infrastructure agency

Civil Contractors New Zealand welcomed today’s announcement from Infrastructure Minister Hon. Shane Jones that a new independent infrastructure agency would be established to improve government oversight into the infrastructure and civil construction industry.

CCNZ Chief Executive Peter Silcock said a new entity to provide oversight could potentially be of huge benefit, helping to resolve recent uncertainty over coming workflow following the change of government transport and infrastructure priorities, as well as unifying the coming efforts to improve consistency and visibility in New Zealand’s infrastructure investment.

“The proposed new infrastructure agency has the potential to provide infrastructure pipeline visibility, certainty and prioritisation across Government, as well as a clear and integrated action plan to deliver the pipeline”, Mr Silcock said.

“We hope the new agency will also provide a centre of procurement excellence to improve the quality and reduce the costs of procurement, leading to greater certainty for Kiwi civil contractors and better ability to invest in our people, plant and systems.”

He said because of these factors, the creation of the new agency would also have wider benefits for New Zealand, streamlining project delivery, ensuring projects were completed on time and on budget, and providing contractors more certainty around projects so they would be able to make more resource available for the employment and development of their staff.

The creation of this entity would come at a “critical juncture” for New Zealand, with coming plans for KiwiBuild and proposed record levels of investment in infrastructure, Mr Silcock said.

The delivery of critical community infrastructure water, transport, energy and communications must be a key strategic priority for this government, given its stated goals, he said.

“This is a critical time for New Zealand, with opportunities to achieve fantastic outcomes for our communities – or to squander more money than ever before. It is an essential time for Government to work hand-in-hand with industry, and an independent agency can facilitate this.”

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

"Broad-Based Growth": GDP Rises 1 Percent In June Quarter

Gross domestic product (GDP) rose 1.0 percent in the June 2018 quarter, up from 0.5 percent last quarter, Stats NZ said today. This is the largest quarterly rise in two years. More>>

ALSO:

Judicial Review: China Steel Tarrif Rethink Ordered

On 5 July 2017 the Minister determined not to impose duties on Chinese galvanised steel coil imports. NZ Steel applied for judicial review of the Minister’s decision. More>>

Debt: NZ Banks Accelerate Lending In June Quarter

New Zealand's nine major lenders boosted lending at the fastest quarterly pace in almost two years as fears over bad debts subsided. More>>

ALSO:

Balance Of Trade: Annual Current Account Deficit Widens To $9.5 Billion

New Zealand’s current account deficit for the year ended June 2018 widened to $9.5 billion, 3.3 percent of GDP, Stats NZ said today. More>>

ALSO: