Infrastructure is a major enabling component for economic activity in New Zealand. The country’s transport system owes its characteristics not only to its dependence on external trade and remoteness from many of its trading partners, but also to New Zealand’s rugged terrain, scattered population and the division of the country into two main islands spanning 2,011km in length.
Development of a comprehensive network of roads (around 93,000km) and railways (4,000km) linked to ports and airports, has involved capital costs that are high in relation to the size of the population. However, the efficiency of the country’s internal transport system has played a critical role in New Zealand’s economic growth.
New Zealand’s building industry is booming with work worth around $24 billion for new infrastructure in Auckland, and $40 billion rebuild required in Christchurch. Reconstruction following the earthquakes that caused damage to parts of Christchurch city, and most recently to Kaikoura, will continue to provide infrastructure repair, upgrade and new-build opportunities over the coming years.
In 2016 The Australia & New Zealand Infrastructure Pipeline (ANZIP) was launched. The ANZIP provides a forward view of public infrastructure activity across Australia and New Zealand, providing certainty of the forward work programme to investors, constructors, governments and other agencies.
We’re experiencing unprecedented growth in visitor numbers and the New Zealand Government is committed to supporting tourism as a leading export earner and driver of economic growth. This includes a focus on investment in new hotels to meet the rapidly growing demand for accommodation. More information on hotel investment in New Zealand is available here.
Strong government support
The New Zealand Government has increased funding for infrastructure investment to lift the country's economic performance. Specific areas of focus include public-private partnerships, tourism infrastructure and the Christchurch and Auckland regions.