Parliament

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

 

Green light for Transmission Gully PPP


Hon Gerry Brownlee
Minister of Transport

21 November 2012 Media Statement

Green light for Transmission Gully PPP

Transport Minister Gerry Brownlee says Cabinet has approved an application from the NZ Transport Agency to pursue a Public-Private Partnership (PPP) to finance and build the Transmission Gully highway, part of the Wellington Northern Corridor Road of National Significance.

“A Board of Inquiry appointed by the Minister for the Environment approved the resource consents and notices required for this project in June, and in August I requested the NZTA to assess the suitability of using a PPP procurement model to design and build the highway,” Mr Brownlee says.

“Following an extensive business case analysis, the NZTA determined that the project meets Treasury’s criteria for a PPP procurement model, and on that basis Cabinet has given the NZTA approval to finance and build the Transmission Gully highway using a PPP.”

Mr Brownlee says the decision will bring certainty to a project that has been on the books for many years, and allow the NZTA to move ahead to begin construction of the Transmission Gully project in 2014 and open the road by 2020, delivering the economic and safety benefits to New Zealanders within eight years.

“PPPs have a proven track record for delivering great results for large-scale infrastructure, and using a PPP makes good sense for Transmission Gully.

“The size and complexity of the project means it will benefit from the innovation the private sector will bring to the task.

“Because a private consortium will finance construction and the NZTA will repay the cost over 25 years, the road can be built now and the costs can be shared by those who will benefit from the project in the future.”

Mr Brownlee says the Government had signalled the likelihood of using a PPP arrangement to progress Transmission Gully as early as March 2009, when the Roads of National Significance Programme was first announced.

“An alternative state highway route into the capital through Transmission Gully has been talked about for decades, and this Government is committed to making it a reality.

“Today marks another step towards fulfilling that commitment and providing a safer and more reliable route in and out of the capital.

“The Wellington region has been waiting for Transmission Gully for over 70 years.

“Wellington is currently reliant on a two-lane highway that has trouble coping in peak times, and is vulnerable to closure in the event of crashes and natural disasters.

“Our capital city deserves better if it’s to reach its full economic potential, and the Transmission Gully route will help to unlock that potential.

“Transmission Gully will provide a safer, more secure strategic route in and out of Wellington that will cater for the increased traffic and freight demands that come with a growing city, and as part of the Wellington Northern Corridor it will dramatically improve travel times between Wellington and the lower North Island.”

Mr Brownlee says that while tolling will not be part of the PPP contract for Transmission Gully, he has requested the NZTA investigate the merits of tolling the route in order to offset some of the costs of construction.

“The NZTA will look into the details of a tolling scheme in the New Year, and a decision on tolling will be made separately; progressing Transmission Gully as a PPP is not dependent on tolling the route.”

Transmission Gully is part of the Wellington Northern Corridor Road of National Significance, which stretches from Wellington Airport and up the Kapiti Coast. The Wellington Northern Corridor is one of seven roads of national significance which the Government has identified as essential state highways which require upgrading to reduce congestion, improve safety and support economic growth.

For more information visit www.nzta.govt.nz/projects/transmission-gully/ppp.html



© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Our Unreal Optimism About The Economic Impact Of Coronavirus

At this week’s Chinese New Year celebrations, PM Jacinda Ardern was resolutely upbeat that business with China would soon bounce back to normal – better than ever, even - once the coronavirus epidemic has been brought under control. To Ardern, the adversity has only accentuated just how close we are to Beijing Nothing wrong with being upbeat, if it can calm the nerves and turn business sentiment into a self-fulfilling prophecy. The problems begin when the optimism detaches itself from reality. What has been very odd so far about the coronavirus episode is that global share markets – normally spooked by mere sneezes or sniffles in the world’s major economies - have continued to be fairly positive, even as the epidemic has unfolded... More>>

First Published on Werewolf here


 

Gordon Campbell: On The Political Donations Scandals
Even paranoids have real enemies. While there has been something delusionary about the way New Zealand First has been living in denial about its donations scandal, one can sympathise with its indignation about Paula Bennett and Simon Bridges being among its chief accusers. More>>

ALSO:

UN Expert: NZ Housing Crisis Requires Bold Human Rights Response

This is a press statement from UN Special Rapporteur on the right to housing at the end of her 10-day visit to New Zealand. The Government of New Zealand has recognized that the country is facing a housing crisis, said Leilani Farha, UN Special Rapporteur ... More>>

ALSO:

2020 And Beyond: National’s Economic Plan

National Leader Simon Bridges has today outlined National’s economic plan heading into election 2020. “National understands the economy and how it impacts on New Zealanders day to day lives... More>>

ALSO:

Abortion Legislation Committee: Abortion Bill Report Presented To The House

The Abortion Legislation Committee has presented its report on the Abortion Legislation Bill to the House. A copy of the report is available here. The bill seeks to have abortion services provided like other health services... More>>

ALSO:


Auditor-General's Report : Water Management

The Auditor-General’s report Reflecting on our work about water management was presented to the House of Representatives today. Over the last two years we have been looking at how well public organisations are carrying out their water management ... More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels