New Zealand's government report highlights significant investment in projects but faces cost pressures and delays.

New Zealand's government has released its second Quarterly Investment Report, highlighting the need for better investment reporting to meet government standards. The report shows 198 projects in progress worth $85.7 billion and 176 planned projects worth $79.4 billion. Despite significant investment activity, agencies report $2.1 billion in cost pressures and nearly half of ongoing projects are delayed. The government is focusing on improving asset management and investment reporting to ensure better performance and transparency.

November 19, 2024
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