INDEPENDENT NEWS

Balanced Approach To Public-Private Partnerships

Published: Mon 2 Sep 2002 03:10 PM
Balanced Approach To Public-Private Partnerships Needed: Cunliffe
02 September 2002
"Renewed proposals for public private partnerships in infrastructure funding requires careful analysis by government," said New Lynn MP David Cunliffe.
Mr Cunliffe addressed an industry conference on Public-Private partnerships at the Carlton Hotel, Auckland, on 28 August.
The conference brought together a wide range of industry participants with local and central government representatives.
Mr Cunliffe's keynote speech acknowledged the potential for leveraging private financing and improving the management of risk in infrastructure projects.
"Government must carefully assess the social equity and long term value aspects of any proposals.
"Consumers must always, for example, have non-toll alternatives to any toll roads.
"The cost impact on the public should not be regressive - poorer New Zealanders must not be worse off.
"And in the case of any monopoly utility infrastructure, such as water, electricity, or telecommunications, an appropriate regulatory structure is essential to protect the public interest.
"A common sense approach must carefully balance the constraints and potential of PPP's," Mr Cunliffe said.
Ends

Next in New Zealand politics

Cancer Society Hopes Final Pharmac Report Is Stronger
By: Cancer Society
New Zealand Response To Assist Peace And Stability In Solomon Islands
By: New Zealand Government
Government Delivers Reactivation Package As Aucklanders Reconnect For Summer
By: New Zealand Government
Bridges Appointed Finance & Infrastructure Spokesperson
By: New Zealand National Party
Waitangi Week
By: Waitangi National Trust
Making Sure People Are Up To Play With Freedom Camping Changes - MBIE
By: Ministry of Business Innovation and Employment
View as: DESKTOP | MOBILE © Scoop Media