EMA is pleased its long time call for a comprehensive solution to how New Zealand invests in and delivers vital infrastructure projects has made a significant step forward today.

Infrastructure Minister, Shane Jones, announced at Infrastructure New Zealand’s Building Nations Symposium a new entity will be established to provide expert advice, planning and strategy to support the delivery of major infrastructure projects across the country.

"This has been a long time coming. We commend the Minister for taking the step to effectively create an agency which will have the mandate to pull together the long-term pipeline of our infrastructure needs," says Kim Campbell, CEO, EMA.

"Agencies such as these have worked well overseas. This is a vital component of building the vibrant and productive economy the Government has stated it wants. Hopefully, this entity will be independent, future focused and empowered to make decisions which will take New Zealand forward and transcend the electoral cycle.

"We, along with Infrastructure New Zealand, have been calling for an independent agency of this nature for some time, as the nation grapples with how to fund and manage its infrastructure shortfall.

"We hope this newly announced entity will help manage the risk profile associated with large scale projects that are now required and provide a way forward for many local authorities struggling with inadequate infrastructure."

ENDS

© Scoop Media