Tuesday, September 28, 2021

Record $24.3 billion roads investment announced

Transport Minister, Michael Wood has today released the 2021-24 National Land Transport Programme (NLTP) which outlines planned investments by Waka Kotahi NZ Transport Agency over the next three years.

Minister Wood said the NLTP would drive the nation’s economic recovery by supporting thousands of jobs around the country.      

“With local government, we’ll be investing a record $24.3 billion into transport services and infrastructure over the next three years – a 44% increase compared to the last three years and 75% more than the previous government.”

“Our Government has listened to the concerns of local government and communities and we have stepped in to provide $2 billon of financing to boost road maintenance and public transport. We couldn’t accept our roads deteriorating.                          

“We know we have to keep driving down emissions and congestion by giving Kiwis more transport choices. This NLTP marks a step-change with nearly $6 billion being invested in public transport and walking and cycling – a nearly 40% increase compared to the previous three years.”

To further reduce emissions and help freight move efficiently, the NLTP delivers $1.3 billion to implement the NZ Rail Plan and $30 million to support coastal shipping. There will be further announcements on how this will support moving freight along the blue highway in the future, the Minister confirmed.       

“Safety remains a top priority for this Government and we’ll be investing $2.9 billion in our road safety plan Road to Zero to help prevent tragedies. This will include making 17 high risk state highway corridors safer, with 51 intersection improvements, 25 new roundabouts, and 164kms of safety barriers.”

Mr Wood said almost $7 billion would be invested in local road and state highway maintenance, which will see around 7,000 lane kilometres of state highway and 18,000 lane kilometres of local roads renewed.

“Our transport network is increasingly being impacted by severe weather events as a result of climate change, so on top of our road maintenance investments, a further $3.9 billion will be spent on road improvements that will help connect communities, ensure the reliable movement of freight and improve resilience across the country.”

“This will see important projects like Te Ahu a Turanga Manawatū Tararua Highway and the Waikato Expressway completed,” he said.

Full details of the investments being made through the National Land Transport Programme, including detailed regional breakdowns, can be found at www.nzta.govt.nz/nltp

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