New Zealand’s National Infrastructure Plan: Fixing Systems for Long-Term Prosperity

The speech emphasizes New Zealand’s urgent need to fix its underperforming infrastructure system by implementing evidence-based, long-term reforms aligned with the independent National Infrastructure Plan, focusing on improving asset management, investment assurance, and bipartisan cooperation. The Government has already initiated foundational changes including a new planning system, enhanced maintenance programs, and strengthened transparency, while announcing Cabinet decisions to transfer infrastructure investment assurance to the Infrastructure Commission to ensure better oversight and value for taxpayer money. Despite challenges like aging assets, demographic shifts, and external shocks, the Government is committed to prioritizing projects effectively, improving infrastructure quality, and fostering economic prosperity for all New Zealanders.