New Zealand ASB economists propose $1 trillion infrastructure investment over 30 years due to population growth and climate change.
New Zealand's ASB economists report suggests a $1 trillion investment in infrastructure over the next 30 years due to population growth and climate change challenges. The country's current infrastructure deficit is $200 billion, affecting productivity. A new approach to investment and funding, including policy updates and new mechanisms, is needed. Infrastructure investment is a priority for the 2024 budget.
April 03, 2024
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