NZ Urban Development news from the media | 30 July 2024 | National Infrastructure Pipeline worth over $120 billion

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Hi *|FNAME|*, Please find below Urban Development News from the media from the week of 30 July 2024.

Provided by Rockhopper Development Management & Property Advisory, a member of:                             
  
                


National Infrastructure Pipeline worth over $120 billion

The National Infrastructure Pipeline, which provides a national view of current or planned infrastructure projects, from roads, to water infrastructure, to schools, and more, has climbed above $120 billion, Infrastructure Minister Chris Bishop says.

“Our Government is investing a record amount in modern infrastructure that Kiwis can rely on as part of our plan to rebuild the economy. This pipeline shows that local government and the private sector are also rising to the challenge posed by New Zealand’s massive infrastructure deficit.

“The total value of projects within the pipeline has increased 11.7 per cent since the end of last year. Data from the Infrastructure Commission shows that across central government, local government and the private sector there are around $44 billion of projects currently under construction.

https://www.beehive.govt.nz/release/national-infrastructure-pipeline-worth-over-120-billion

Kāinga Ora puts two Northland social housing projects on hold

Kāinga Ora has put two major social housing projects in Northland on hold as the agency re-assesses its future building plans.

In the wake of a highly critical report into the state housing agency's financial management, Housing Minister Chris Bishop has instructed Kāinga Ora to come up with a "turn-around plan" by November.

The agency was told the plan should incorporate no net increase in the number of Kāinga Ora homes after 30 June 2025.

That means it could continue to build new homes after that date, but only to replace housing that was no longer suitable for tenanting.

https://www.rnz.co.nz/news/national/523264/kainga-ora-puts-two-northland-social-housing-projects-on-hold

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