Consultation is now open on
the body and the EMA encourages all those with interests in this sector to
ensure they have their say using the submission process.
EMA has been a long-time
advocate for establishing a cohesive approach to how infrastructure projects
are planned, designed, funded and delivered.
“Infrastructure development
requires long lead times and our current system is frustrating and uncertain
for those involved,” says Kim Campbell, CEO, EMA.
“The establishment of this
body is significant in addressing our infrastructure shortfall. Hence, it is
vital this new agency has the mandate to traverse political cycles by providing
a long term strategic view.
“Certainty around the country’s
infrastructure pipeline will deliver many benefits that both the Government and
opposition want. It will provide the confidence to invest in New Zealand. It
will boost productivity and mean we can train and develop New Zealanders safe
in the knowledge there will be jobs for them.
“We believe this agency needs
to incorporate both financing and procurement expertise. It needs to be able to
identify and deliver funding mechanisms which support overseas financing, such
as Public Private Partnerships (PPPs) and other innovative devices.
“We also see a role for this
agency to provide advice and assistance to procuring bodies such as local
authorities and government departments to ensure efficiencies are delivered.
“Agencies such as these have
worked well overseas. We see this as a vital component of building the vibrant
and productive economy the Government has stated it wants,” says Mr Campbell.
Submissions on the new
independent infrastructure body are open until 26 October, 2018 at www.infrastrucuture.govt.nz for
those who wish to have their say.
Treasury is leading this
development and expects to make key recommendations to Ministers before
Christmas, with the aim of having the new agency established and operational by
mid-to-late 2019.