New Zealand Research Report - February 2020

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The Big New Zealand Upgrade

In late 2019 the government announced a $12 billion injection for infrastructure. In late January 2020, $6.8 billion of transport projects were announced as part of the Big New Zealand Upgrade. We detail the projects and consider the influences. 

While there is still $4 billion of announcements to come, the latest announcement shows a significant emphasis on roading infrastructure, accounting for $5.6 billion, or just over 80% of the transport programme. Auckland will receive around $3.5 billion or 52% of the transport programme. Some of the projects are a continuation of existing or previously investigated projects. Of the 20 projects announced, 55% are expected to commence construction by the end of 2021. Many of the projects (60%) are forecast to complete in 2024 and 2025.

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New Zealand Research Report - February 2020

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Chris Dibble

Director | Research & Communications

Auckland CBD

Chris Dibble oversees the delivery of award-winning research reports, PR and Communications for Colliers International New Zealand. With over 13 years of experience and university qualifications in economics, geography, marketing and property, Chris has a  multi-disciplinary approach that assists a broad range of clients in their strategic decision making. Chris is a regular presenter and market commentator with an extensive network of media contacts to discuss the latest insights on current and future property trends. Chris also works with in-house and external writers to curate an audience-focused content delivery strategy for Colliers.

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