Nick Leggett: Infrastructure NZ CEO on the Government's approach to public-private partnerships for infrastructure
Update: 2024-11-13
Description
The Government's taking a new approach to Public-Private Partnerships for infrastructure projects.
There will be a reduced risk for private partners and guidance for agencies on how to lower the cost and time burden in the bidding process.
Infrastructure New Zealand Chief Executive Nick Leggett was Mayor of Porirua, when a Public-Private Partnership was established to build Transmission Gully.
He says it's good to see the Government embracing the model, alongside a method to compare PPPs for specific projects to other funding models.
Leggett says it should be about finding the best funding model for value, not just prescribing PPPs for every project.
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