BusinessNZ has released its Infrastructure Briefing today, outlining key challenges facing the infrastructure sector and making several policy recommendations that will help to foster much-needed growth.

“We often hear about a lack of investment capital but that’s a myth. There’s plenty of capital but also unmet demand for new infrastructure – so something’s blocking the pipe”, said BusinessNZ Chief Executive Phil O’Reilly.

“This briefing unpacks each of these blockages and provides clear recommendations that will help to unlock the necessary funding and enable crucial projects to begin.”

Mr O’Reilly said better collaboration between government and business was an important factor, as was a commitment to ongoing constructive dialogue.

“The need for infrastructure is growing and changing rapidly, and it’s vital that New Zealand is able to anticipate and meet those demands.”

The Infrastructure Briefing offers a valuable perspective for policy makers on issues such as the need for clearer communication and improved governance, as well as access to an appropriately-skilled workforce, Mr O’Reilly said.

It also includes suggestions regarding procurement processes and regulatory systems, the use of data, and support for innovation, which BusinessNZ says will all have an immediate positive impact on the sector and the wider economy.

Infrastructure Briefing 2014 can be downloaded here.

For more information, contact Phil O’Reilly 04496 6552 or Kathy Riley 027 216 3743

Contact:

Phone:

Email: