Investment Summit creates 'momentum', helps convince Italian tunnelers to stay

Investment Summit creates 'momentum', helps convince Italian tunnelers to stay
PM Christopher Luxon addresses delegates at the NZ Infrastructure Investment Summit in Auckland. (Image: Supplied)
Oliver Lewis
On day one of the New Zealand Infrastructure Investment Summit in Auckland, an Italian construction giant declared it was returning to the country.On day two, the Italian tunnelling firm Ghella announced the rhetoric and forward investment pipeline presented at the summit had helped convince it to keep tens of millions of dollars of plant and equipment associated with its tunnel boring machine (TBM) in the country.As Francesco Saibene, the NZ country manager for Ghella, told BusinessDesk on Friday: “I feel the summit is going to create go...

More Infrastructure

Fast-track early birds pass first hurdle
Infrastructure

Fast-track early birds pass first hurdle

EPA clears first three applicants as Jones warns against 'finicky' approach.

Oliver Lewis 13 Mar 2025
Consortium steps forward for Northland Expressway
Infrastructure

Consortium steps forward for Northland Expressway

Nicola Willis talks up summit deal-making and calls NZ an 'undervalued stock'.

Oliver Lewis 13 Mar 2025
Malaysian developer launches apartments, eyes opportunities
Infrastructure

Malaysian developer launches apartments, eyes opportunities

Christopher Luxon personally asked MRCB to attend investment summit.

Oliver Lewis 13 Mar 2025