On 1 July, the Government started announcing which shovel-ready projects have been approved, with more announcements to come. They've allocated funding across 150 infrastructure projects.
Transport projects have been allocated $708m, encompassing cycleways, walkways, ports and roads; $670m for community and social development; $464m for housing and urban development; and $460m for environmental projects.
A lot of work has gone into providing information on large shovel-ready projects, valued over $10 million, to the Crown Infrastructure Partners (CIP) and the Infrastructure Industry Reference Group. A significant number of projects were received by CIP and they provided advice to Government on these projects.
We understand projects were prioritised through several processes, including:
- Alignment to Government policy objectives (for example, housing, water and decarbonisation)
- Regional distribution
- Distribution across horizontal, vertical and housing infrastructure
First 'fast-tracked' projects announced
The Government has announced the first projects to be fast-tracked through its new, compressed consenting process.
The Covid-19 Recovery (Fast-Track Consenting) Bill was introduced to the House on 16 June.
On 9 April, Infrastructure New Zealand hosted a webinar with Hon Shane Jones (Minister for Infrastructure) and Mark Binnes (Chair, CIP).