MIDDAY UPDATE: Govt keen to roll out another PPP highway

Wed, 27 May 2015

By Paul McBeth May 27 (BusinessDesk) - Transport Minister Simon Bridges is keen to get another major road built in a public-private partnership, which he reckons will cut the cost to the Crown by $1 billion. The Auckland-to-Northland link road will be the second of the so-called roads of national significance to be developed using a PPP after the Wellington Gateway Partnership led by a unit of ASX-listed Leighton Holdings won the contract to build the $850 million Transmission Gully motorway north of Wellington, set to open in 2020. “C...

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