New Zealand updates PPP framework to improve infrastructure quality and attract private investment.

The New Zealand government has updated its Public-Private Partnership (PPP) framework to attract more private investment in infrastructure projects. The new strategy aims to ensure better quality and outcomes, not just lower costs, by fairly comparing PPP bids with self-delivered projects. It also introduces measures to reduce risks for private contractors and allows projects to use Crown borrowing for financing. The framework seeks to enhance project outcomes and attract international expertise.

November 13, 2024
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