Scoop has an Ethical Paywall
Licence needed for work use Learn More

Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Budget 2017 – On a roll: Roads and rail the big winners

Budget 2017 – On a roll: Roads and rail the big winners from increased infrastructure spending


Freight and commuters are the two biggest beneficiaries from the Government’s announced infrastructure spending in Budget 2017.

Out of $4 billion the Government will invest in infrastructure this year, nearly $1 billion will be to rail programmes, with $450 million going to KiwiRail’s network, $436 million as the first tranche of the Government’s commitment to Auckland’s City Rail Link and $98 million in improvements to Wellington’s commuter rail network.

Beyond rail, $812 million will go to rebuilding State Highway One North and South of Kaikoura.

“Public transport has long been a pain point to keeping our cities moving,” said PwC Partner and Budget 2017 Leader Richard Forgan.

“This investment will allow the capital and our largest city to keep up with population growth and demands on its road and rail networks.”

Ongoing investment in school infrastructure

Besides road and rail, education is benefitting from increased investment, with a large portion going towards population growth in Auckland. The Government will fund the construction of six new schools and 305 new classrooms nationwide. Auckland alone will see four of these six new schools, and 170 more classrooms.

“Investment in schools is a positive sign that the Government is continuing to invest in fast-growing communities. This investment is vital for meeting the country’s projected population growth,” said Mr Forgan.
-Ends-

Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.