Infrastructure is the foundation on which so much of our economy relies, whether it is reliable electricity, clean drinking water, or transport networks that allow us to safely get to work and live our lives every day.
Central and local government own over $200 billion of infrastructure assets and in the ten years to 2025, the forecast infrastructure spend is over $110 billion.
This value, the opportunity cost it presents, the long life nature of the assets and the importance of infrastructure to our economy and social well-being make it critical that our infrastructure is well planned, managed, delivered and used.
The Thirty Year New Zealand Infrastructure Plan 2015 (the Plan) provides a new approach to infrastructure management and planning to tackle the challenges of the next 30 years, along with supporting actions. This provides national direction to infrastructure development in New Zealand and confidence to the private sector.
The 2015 Plan is the next step on the infrastructure journey. The first Plan (2010) provided short-term priorities for infrastructure investment and regulatory reform. The second edition (2011) set out a vision, principles and goals to provide an ‘operating framework’ for infrastructure decision-makers.