Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Infrastructure report sets out 67 initiatives


1 November 2012

Infrastructure report sets out 67 initiatives

The Government’s Building Infrastructure progress report issued today sets out 67 infrastructure initiatives being undertaken to help build a more competitive economy, Finance Minister Bill English says.

“For businesses to invest in plant and facilities in New Zealand, they need to be confident that they will have access to infrastructure that supports their businesses – transport, energy, water and telecommunications,” he says.

“That’s important because we don’t get real growth unless businesses have the confidence to invest, grow and employ more people.

“The Government has committed to significant investment in infrastructure over the past four years, as part of its wider programme to put the economy on a more competitive footing and support jobs.”

This includes:

• $5.5 billion for the Canterbury Earthquake Recovery Fund.

• $1.6 billion for ultra-fast broadband and faster rural broadband.

• $5 billion for the national electricity grid.

• $12.2 billion for roading between 2012 and 2015.

“Resilient, efficient and coordinated infrastructure networks are vital to a well-running economy. They help the movement of people, goods and information around our country and around our world,” Mr English says.

“The Government has made good progress in the past four years. We have also set up the National Infrastructure Unit within Treasury and have published two National Infrastructure Plans, to improve the coordination, quality and value for money of our significant infrastructure investment.

“This report brings together all of the initiatives the Government is undertaking to deliver the infrastructure networks demanded by a modern economy.”

Building Infrastructure is the fourth of six progress reports being released to set out activities within the Government’s Business Growth Agenda.

Other reports issued to date are Building Export Markets, Building Innovation and Building Skilled and Safe Workplaces. Future reports will cover natural resources and capital markets.

Building Infrastructure sets out the Government’s vision that, by 2030, New Zealand’s infrastructure is resilient and coordinated and contributes to economic growth and increased quality of life.

“This requires a more strategic approach to infrastructure planning and investment, setting a clear course for the future so that infrastructure providers from all sectors have a common understanding of expectations and policy settings.”

Building Infrastructure provides a progress report on infrastructure initiatives the Government is undertaking in the following areas:

• Strengthening rail, sea and air ports.

• Developing high-speed broadband and telecommunications.

• Improving water storage and use.

• Boosting housing, building and construction.

• Investing in hospitals and schools.

• Rebuilding Christchurch.

• Securing our energy future by supporting diverse sources of reliable and renewable energy.

• Building a fast and efficient roading network.

Next week, the National Infrastructure Unit and the National Infrastructure Advisory Board will publish the first annual report committed to under the National Infrastructure Plan, which the Government released in July last year.

The Government’s Building Infrastructure report is available at:

http://mbie.govt.nz//what-we-do/business-growth-agenda/infrastructure

Media contact: Craig Howie 027 7555 809

QUESTIONS AND ANSWERS

What is the Business Growth Agenda?

The Business Growth Agenda is a detailed programme of initiatives the Government is taking to build a more productive and competitive economy. Together, they constitute a comprehensive agenda of microeconomic reform that will assist businesses to be more internationally competitive.

The Business Growth Agenda complements the Government’s macroeconomic commitments to responsibly manage the Government’s finances and deliver the ongoing stability businesses need to have confidence to invest, grow and create new jobs.

The Business Growth Agenda is about ensuring businesses have access to the six key ingredients they need to grow, create jobs and be successful. They include access to markets, innovation, skills and safe workplaces, capital markets, infrastructure, and resources.

The Government is focused on making access to these six key elements easier to give businesses the platform they need to become internationally competitive.

What is the purpose of the Building Infrastructure report?

This is the fourth of six progress reports focusing on each of the elements of the Business Growth Agenda. These reports provide a high-level assessment of the “state of play” in each area, give a clear picture of the advances being made and projects the Government is focused on.

The reports provide transparency to businesses about the work of government agencies, and seek feedback and input into the Government’s work plan. We expect business to use the reports to engage with the Government on its initiatives, indicating what they want to see more of, less of and any new initiatives they would like to see advanced.

Why is building efficient infrastructure important to New Zealand’s economy?

Infrastructure underpins growth by providing the supporting networks demanded by a growing economy, and it fosters growth by creating new economic opportunities. It also delivers the physical assets that enable us to successfully compete in the global economy and enjoy the quality of life we aspire to.
For businesses to invest in plant and facilities in New Zealand, they need to be confident that they will have access to infrastructure that supports their businesses – transport, energy, water and telecommunications.

What is the Government’s current level of investment in infrastructure?

The Government has committed to significant investment in infrastructure over the past four years, as part of its wider programme to put the economy on a more competitive footing and support jobs.

This includes:

• $5.5 billion for the Canterbury Earthquake Recovery Fund.

• $1.6 billion for ultra-fast broadband and faster rural broadband.

• $5 billion for the national electricity grid.

• $12.2 billion for roading between 2012 and 2015.

It has also introduced a more efficient framework for planning and investing in infrastructure. This includes setting up the National Infrastructure Unit within Treasury and publishing two National Infrastructure Plans, to improve the coordination, quality and value for money of its significant infrastructure investment.

How have businesses been involved in the development of this report?

Ministers have met regularly with a wide range of businesses and business organisations, and their feedback and comments have informed the actions presented in this report.

Business New Zealand has also arranged a number of business-led groups to provide input to and comment on the reports.

The Business Growth Agenda reports are a report on progress – we welcome feedback and comments on each report to assist further policy development, either through http://mbie.govt.nz/what-we-do/business-growth-agenda/feedback/infrastructure or by email to bgafeedback@mbie.govt.nz


ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Hager Revelations: Inquiry Into NZSIS Release Of Goff Docs

The Inspector-General of Intelligence and Security (IGIS), Cheryl Gwyn, announced today that she would be instituting an inquiry concerning allegations that the New Zealand Security Intelligence Service (NZSIS) might have released official information to Mr Cameron Slater, regarding briefings provided to the then Leader of the Opposition, for political purposes...

“I am satisfied there is a sufficient public interest justifying the commencement of an own-motion inquiry into the substance of the issues raised with my Office,” said Ms Gwyn. More>>

Goff: Director’s Letter Contradicts Key’s Claims

At yesterday’s media standup, when asked on the topic John Key said ‘I wasn’t told’...
“In a letter dated November 2011 former SIS director Warren Tucker states three times that ‘in accordance with the usual practice of keeping the minister informed’ the Prime Minister had been told. More>>


 

Parliament Today:

Electionresults.co.nz: National and NZ First Rise in Roy Morgan Poll

National has bounced back in the latest Roy Morgan Poll but the big winner has been New Zealand First who rise to their highest level of support since September 2013. More>>

ALSO:

Fish Pun Warning: By Hoki! It’s Labour’s Fisheries Policy

A Labour Government will protect the iconic Kiwi tradition of fishing by improving access to the coast, protecting the rights of recreational fishers and reviewing snapper restrictions, Labour’s Fisheries spokesperson Damien O’Connor says. More>>

ALSO:

It's Official: Governor General Gives Direction To Conduct Election

The Governor General has signed the writ directing the Electoral Commission to conduct the General Election on 20 September 2014. This is the formal authority to run the 2014 election, and enables candidate nominations to open tomorrow Thursday 21 August 2014. More>>

Gordon Campbell: No More Mr Nice Guy

When future historians seek to identify the exact moment when the prime ministerial career of John Key hit the downward slope, they may well point to Key’s interview yesterday with Guyon Espiner on RNZ’s Morning Report. More>>

ALSO:

Dirty (Politics) Weekend: Collins’ Admission Reason For Key To Act

"Despite claiming that the evidence about her in Nicky Hager's book was ‘false’ Judith Collins has now been forced to admit that she did send information about a Ministerial Services staff member to Cameron Slater for him to use in a baseless smear campaign. More>>

ALSO:

Potential Disasters: Underground Coal Fire On Denniston Plateau

Forest & Bird says one or more coal fires have broken out beneath the Denniston Plateau, and that the Department of Conservation (DOC) must stop Bathurst Resources’ preparatory mining work going on there until the fire or fires are extinguished. More>>

ALSO:

Bikes: Nats Plan $100 Million For Urban Cycleways

Prime Minister John Key has today announced $100 million in new funding will be made available over the next four years to accelerate cycleways in urban centres. More>>

ALSO:

New Tax Bracket, Child Poverty Fund: Greens Launch Billion Dollar Plan To Reduce Child Poverty

The Green Party has launched a billion dollar package to significantly reduce child poverty in New Zealand. The details of the plan were released at the party’s campaign launch in Auckland. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news