Funding roads of national significance

Transport minister Simeon Brown released the draft transport GPS last week. (Image: NZME)

Mon, 11 Mar 2024

The gap between funding available in a draft 10-year transport budget and leaked cost estimates for 15 new roads of national significance, if they were to be built within a decade, ranges between $3 billion and $23.3b.The size of the gap illustrates the importance of financing tools to spread the costs over longer periods, such as private-public partnerships (PPP), or the need for additional revenue or Crown top-ups for the government to be able to deliver the promised roads.Transport minister Simeon Brown has been open about the need for sourc...

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