The project could be Government funded

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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)
List of the country updates

Country updates

  • April 19, 2017

    Contract signed for New Zealand’s third schools PPP

    CIMIC Group companies Pacific Partnerships and CPB Contractors have been awarded the third New Zealand Schools PPP initiative by the New Zealand Government.  

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  • March 08, 2017

    Preferred bidder for New Zealand Schools PPP initiative

    CPB Contractors and Pacific Partnerships have been selected by the New Zealand Government as the preferred proponents to deliver the third New Zealand Schools PPP initiative.

    Read more
  • January 12, 2017

    NZ tenders Waikeria Prison PPP

    The New Zealand Government through the Department of Corrections is investing in additional prison capacity, in response to an increased level of demand identified in the Justice Sector long term fore...

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  • December 28, 2016

    Environment Court decision clears the path for Auckland’s SkyPath

    The Environment Court has given green light for the Auckland's SkyPath cycleway and walkway PPP, clearing the path to finally undertake the project development. 

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  • December 07, 2016

    NZ announces procurement for Waikeria Prison PPP

    Corrections Minister Judith Collins has announced that the Government has approved the procurement of a 1,500 bed facility at Waikeria Prison that will be designed, built, financed and maintained...

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