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)

Fri, 14 Mar 2025

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...

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