Articles tagged with Acciona Construction New Zealand Ltd

Government Signs $3.65B PPP Agreement for Northland Expressway Warkworth to Te Hana

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The New Zealand Government has signed a landmark public-private partnership agreement with the Northway consortium to design, build, finance, maintain, and operate the 26-kilometre Northland Expressway section from Warkworth to Te Hana, aiming to boost regional economic growth, improve safety, and reduce travel times. The $3.649 billion project, supported by a $1.6 billion Crown Capital Contribution and structured with performance-based payments over 25 years, incorporates extensive infrastructure including tunnels, bridges, and interchanges, with construction starting in late 2027 and completion expected by 2034. This PPP model leverages competitive procurement, risk-sharing, and local employment opportunities, ensuring value for taxpayers while fostering sustainable development and long-term operational standards.

Tags: Chris Bishop Northway consortium New Zealand Transport Agency Acciona Concesiones SL Global Sustainable Infrastructure GP IV Ltd Acciona Construction New Zealand Ltd Downer New Zealand AECOM Treasury PPP Policy Guidance Transport Minister