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« World Bank to fund West African road, rail links | Main | Down the Tube: London's troubled Tube contract goes to arbitration »

June 27, 2007

NZ$ 2.4 billion for infrastructure

Source: International Construction (KHL Group)

Editor: Richard High

Land Transport New Zealand has announced a record NZ$ 2.4 billion (US$ 1.8 billion) of spending for land transport infrastructure and services in this year's National Land Transport Programme (NLTP), a +4% increase from last year.

The 2007/08 NLTP sets out a programme of activities that integrates different forms of transport.

Quoted by local media groups, LTNZ acting chairman Paul Fitzharris said a record level of funding was being allocated for an ambitious range of projects designed to improve the New Zealand's roads and passenger transport services.

Full Story...

Posted by pichu at June 27, 2007 11:59 PM