NZ government seeks $1 bln saving by making Pūhoi-Warkworth Highway a PPP

Tue, 26 May 2015

May 27 (BusinessDesk) - The government will put the financing and construction of the Pūhoi-Warkworth Highway out to tender as a public private partnership (PPP), a structure that Transport Minister Simon Bridges says may free up $1 billion of state funding for other projects. 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 Transmis...

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