The project could be Government funded.
Earlier this year when Downer Construction withdrew from the SkyPath PPP, they advised that SkyPath was too small and unique to work as a PPP. Transport Minister Simon Bridges said he could fund SkyPath in the next tranche of the Government’s Urban Cycleway Program funding. This would avoid the 25 years of tolling SkyPath users and revenue underwrite by ratepayers as required for the PPP. Over the 25 years, the PPP would cost approximately NZD248 million (US$182 million)