Concerns raised for Auckland light rail project
The Office of the Auditor-General has sent a letter to the Ministry of Transport in New Zealand stating concerns over the parallel procurement process for the light rail project. The Auditor-General has stated that selections of delivery partner based on two competing proposals – one provided by Waka Kotahi / New Zealand Transport Agency (NZTA), the other provided by NZ Infra a proposed joint venture between the New Zealand Superannuation Fund and Canadian institutional investors, Caisse de Depot et Placement du Quebec (CDPQ) - does not provide fully competitive market process.
Country updates
-
-
November 30, 2020
Downer EDI to sell blasting services business to Enaex
Downer EDI Limited has entered into an agreement to sell its blasting services business (Downer Blasting Services) to Enaex S.A. The sale price represents an enterprise value of US$ 62 million. Enaex...
Read more -
November 04, 2020
Concession signed for multimillion city rail link in New Zealand
The Link Alliance, including VINCI Construction Grands Projets (lead company) and Soletanche Bachy International, subsidiaries of VINCI Construction, and their partner Downer, plus designers...
Read more -
November 02, 2020
Vinci Construction wins concession for two contracts in New Zealand
The Link Alliance, including VINCI Construction Grands Projets (lead company) and Soletanche Bachy International, subsidiaries of VINCI Construction, and their partner Downer, plus designers...
Read more -
November 02, 2020
Concession signed for Lot 5 & 7 of Auckland city rail link PPP
The Link Alliance, including VINCI Construction Grands Projets (lead company) and Soletanche Bachy International, subsidiaries of VINCI Construction, and their partner Downer, plus designers...
Read more -
October 22, 2020
US$ 40 million grant approved for Ruakura Superhub PPP in Hamilton
The Hamilton city council in New Zealand and Tainui Group Holdings has raised a US$ 40 million grant for the development of Ruakura Superhub with an inland container depot in the easter...
Read more
