.
The country’s land transport network will have $8.7 billion spent on it during the next three years, the New Zealand Transport Agency (NZTA) announced today.
The funding will be managed through the National Land Transport Programme (NLTP).
“This is the largest land transport investment in New Zealand’s history, and it represents a 17 per cent increase from the previous three-year period,” NZTA chairman Brian Roche said. Projects which boost economic growth, productivity and employment have been targeted.”
The programme invested in projects in all regions, providing guaranteed funding levels for each region over the next three years.
“This additional investment will deliver significant benefits for New Zealand now and in the future.
Most activities had funding increases, including:
* a 21 per cent increase for public transport ($899 million over the next three years);
* a 19 per cent increase for New Zealand’s state highway network ($4.9b over the next three years).5b over the next three years);
* a 14 per cent increase for local roads ($1.
Improving the efficiency of key routes, public transport, and easing severe congestion in key urban areas, as well as upgrading important freight and tourism routes, improving safety and access to markets, and to employment would contribute to economic growth, he said.
The programme would help to address the important challenges New Zealand faced with land transport, Mr Roche said.
Sixteen regional transport committees and the Auckland Regional Transport Authority were involved in developing the programme. .
“This collaborative process has allowed us to build an overview of land transport requirements across New Zealand and to balance regional and national priorities in deciding on the best investment programme to maximise value for money across the country,” Mr Roche said.
“This collaborative process has allowed us to build an overview of land transport requirements across New Zealand and to balance regional and national priorities in deciding on the best investment programme to maximise value for money across the country,” Mr Roche said.”
Labour’s transport spokesman, Darren Hughes, said local roads could deteriorate.
“This targeted investment will deliver real gains both in the short term – as we move out of recession – and in the longer term by boosting the productivity we need to support prolonged economic growth.
“It’s nonsensical that we allow increased heavy haulage on our roads but don’t back that up with a programme of maintenance.
“Hidden away in the detail of the programme is National’s plan to freeze spending on the maintenance of local roads in the NLTP’s second and third years,” he said.”