Infrastructure Minister Chris Bishop says the spending is "great news" for the construction industry and wider economy. Photo: RNZ / Mark Papalii
The government is touting another increase in the total value of infrastructure projects, which is now sitting at $237 billion.
Infrastructure Minister Chris Bishop said the last three months had seen a bump of $30b, which he called "great news" for the construction sector and wider economy.
"It's encouraging that the number of infrastructure providers who contribute to the Pipeline has grown with every quarter under this government," Bishop said.
"There are now 121 organisations contributing, including central government, local government, and the private sector."
The New Zealand Infrastructure Commission manages the National Infrastructure Pipeline, which now contains more than 9200 initiatives, such as roads, schools and water infrastructure, that are underway or being planned.
Bishop said the commission's projections showed at least $17.5b in projected potential spend across 2025, which accounted for about 4 percent of GDP.
The most recent update showed the overall value of initiatives with a confirmed funding source had increased, up $13.5b to $125.1b.
That was supported by the inclusion of NZTA highway maintenance programmes and the redevelopments of Christchurch Men's Prison and Hawke's Bay Prison, explained Bishop.
The commission was collecting data for the next update, which will also inform the final version of the National Infrastructure Plan due in December.
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