‘once in a lifetime’ infrastructure spend


NZ’s ‘once in a lifetime’ infrastructure spend set to create up to 9000 construction jobs

The New Zealand government announced $8 billion for roads, rail, schools and hospitals on Wednesday, part of a $12 billion package.

Around half of the cash splash will go to Auckland, the country’s biggest and most congested city, home to roughly a third of Kiwis.

Major new road links north and south of Auckland have been funded, as well as a new five-kilometre walking and cycling link over the Auckland Harbour Bridge at the eye-popping cost of $360 million.

Another $940 million will go two road projects near Tauranga. Less than $400 million – or five per cent – will be spent on South Island.

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