Highly concentrated materials market just one turn-off for Aussie infrastructure investors

Mon, 08 Oct 2018

By Paul McBeth Oct. 8 (BusinessDesk) - Lack of competition in New Zealand's building materials market, inconsistent procurement processes, and no clear pipeline of future work are all factors putting off potential Australian infrastructure investors, Cabinet papers show. The issues emerged during Infrastructure Minister Shane Jones' trip across the Tasman in April where he went searching for ideas on how to improve management of New Zealand's major projects. Jones wants an independent infrastructure body to provide advice on the stat...

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