'Astronomical' infrastructure cost overruns eroding confidence

Ross Copland says NZ spends a lot more on infrastructure than many other developed countries but performs poorly when it comes to converting capital into realised projects. (Image: Supplied)

Oliver Lewis

Fri, 10 May 2024

New Zealand is spending more than enough on infrastructure, and recent cost increases for projects have been astronomical.That’s the message from Ross Copland, chief executive of the Infrastructure Commission Te Waihanga.At a conference the commission hosted in Queenstown on Thursday, Copland ran the audience through progress against the 68 recommendations in the national infrastructure strategy the commission released in 2022."Since the strategy was published, we’ve faced a lot as a country, including severe weather events, si...

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