Transport dominates investment intentions - Treasury

NZTA estimated its investment intentions could cost $120 billion over the next 10 years. (Image: Getty)

Wed, 20 Nov 2024

Nearly one in two infrastructure projects being delivered by government agencies are experiencing delays and transport dominates future spending intentions, a new monitoring report says.Treasury released its quarterly investment report (QIR) for the June quarter on Wednesday. Government agencies had 175 investments worth an estimated $79.1 billion in the planning stage, the report said, and 198 projects in delivery with a combined approved budget of $85.7b.When the March quarter report was released, ministers and Treasury took issue with the qu...

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