New PPP ‘blueprint’ launched

New PPP ‘blueprint’ launched
The Act Party's Simon Court has been a enthusiastic proponent of PPPs in the coalition Government. (Image: NZME)
Staff reporters
The Government is releasing a “refreshed blueprint” on the use of public-private partnerships to deliver infrastructure projects.Infrastructure Minister Chris Bishop said this followed extensive engagement by the Infrastructure Commission with Treasury, other public sector agencies, and the broader infrastructure sector.Experts had raised concerns about the NZ model being too rigid in how it allocated risk.Bishop said elements of the updated blueprint included a recognition that wholesale transfer of risk to private partners had und...