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Economy

Infrastructure plans facing 'significant cost escalation'

Jenny Ruth
Tue, 04 May 2021

Finance minister Grant Robertson at Te Papa this morning.
Jenny Ruth
Tue, 04 May 2021
The infrastructure projects the government would like to undertake are facing "significant cost escalations," finance minister Grant Robertson told journalists.The government has completed a baseline exercise and "there are a number of things we could do", but no decisions have been made yet.The government's options include dropping parts of projects, phasing them in over a longer time frame or re-scope them, Robertson said in Wellington after a pre-budget speech to the local chamber of commerce.In July last year, ahead...

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