'Room for improvement': Infrastructure industry more negative than positive

Nick Leggett thinks the government could help shore up industry confidence by tipping more money into renewals. (Image: NZME)

Oliver Lewis

Wed, 24 Apr 2024

According to a new survey, the New Zealand infrastructure sector is in a gloomy mood, with firms expecting financial conditions to deteriorate over the year.Participants in the survey, carried out by industry body Infrastructure NZ last month, also highlighted the impact of the coalition government cancelling or pausing several projects advanced by the previous government, citing a possible exodus of skilled professionals in the short term.“The government announcements about future projects should prevent a complete bottoming-out, but the...

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