Articles tagged with Funding

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Auckland Schools Receive $120M Investment for New Classrooms and Schools

The Government is investing over $120 million to build 137 new classrooms in Auckland, creating space for 3,014 additional student places in schools facing growing rolls. The investment includes cost-effective repeatable designs and offsite manufactured buildings to maximize funding impact. Additional projects include establishing new schools in Pōkeno and Chapel Downs to accommodate future growth and ensure a safe and conducive learning environment for students in Auckland.

Major Upgrades Begin on SH76 Brougham Street in Christchurch to Enhance Safety and Economic Growth

Transport Minister Chris Bishop announced that major upgrades to State Highway 76 (SH76) Brougham Street in Christchurch will commence to enhance economic growth and improve safety and mobility in the city. The project, funded by the Government, aims to address congestion and safety concerns on one of Christchurch's busiest streets, accommodating over 45,000 vehicles daily and serving as a key freight route to Lyttelton Port. The first stage will focus on constructing a pedestrian and cycle bridge to improve accessibility for school children and individuals with mobility challenges, with subsequent stages including traffic signal improvements, T2 lanes, crossings, and a shared path.

Exploring Toll Concessions for New Zealand's Road Infrastructure Development

Market soundings with international and local toll road investors, operators and financiers will begin next week as the next step in exploring how toll concessions could help fund, build and operate important road infrastructure, Infrastructure and Transport Minister Chris Bishop says. “The Government is focused on improving high-quality road infrastructure to boost economic growth and ensure people and freight can travel efficiently and safely. To accelerate the delivery of vital transport projects, we’re looking into alternative funding and financing methods, including the use of toll concessions.