Arab Today, arab today new zealand government unveils 30year infrastructure plan
Last Updated : GMT 12:50:40
Arab Today, arab today
Arab Today, arab today

New Zealand government unveils 30-year infrastructure plan

Arab Today, arab today

Arab Today, arab today New Zealand government unveils 30-year infrastructure plan

Iran, Italy discuss cooperation in industrial
Wellington - XINHUA

The New Zealand government Thursday unveiled a 30-year infrastructure plan that will include building a joint infrastructure market with Australia and initiatives to guide spending on some massive projects.

Lindsay Crossen, chair of the National Infrastructure Advisory Board, said the country generally had a good existing infrastructure base, but it was facing growing future pressures.

"Our assets are getting older and will soon need replacing, our population is aging, we face a shift in economic gravity towards Asia, and we face regional growth in some areas and decline in others," Crossen said in a statement.

The plan included the development of national shared data standards for roads, buildings and water assets, stronger practices for larger procurements, including increasing the transparency of future intentions, and the development of a trans- Tasman procurement market.

"Central and local government own approximately 220 billion NZ dollars (145.46 billion U.S. dollars) worth of assets and plan to spend another 100 billion NZ dollars (66.12 billion U.S. dollars) over the next 10 years. This plan will ensure that we spend our money wisely, and find more innovative ways of better managing our existing infrastructure," he said.

Launching the plan, Finance Minister Bill English said in a statement that some aging infrastructure networks would need renewing.

"Our schools are 42 years old on average, and parts of the water network are over 100 years old," English said.

With the population forecast grow and to age from an average age of 37 now to 43 years in 2043, demand for infrastructure would also change.

"Infrastructure is expensive -- central and local government combined are expected to spend 11 billion NZ dollars (7.27 billion U.S. dollars) on infrastructure each year for the next 10 years," he said.

A "pipeline" of government department capital intentions for the next five years was also published Thursday.

This included a land transport program for road and rail valued at 13.9 billion NZ dollars (9.19 billion U.S. dollars) between 2015 and 2018, and more than 2 billion NZ dollars (1.32 billion U. S. dollars) to continue the roll-out of ultra-fast broadband and broadband in rural areas.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today new zealand government unveils 30year infrastructure plan Arab Today, arab today new zealand government unveils 30year infrastructure plan

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday