New Zealand passes bill to fast-track 149 projects, aiming to solve housing and infrastructure issues.

New Zealand's Parliament has passed the Fast-track Approvals Bill to expedite approvals for 149 significant projects, focusing on housing, infrastructure, and energy. The bill aims to address the country's housing crisis, infrastructure deficit, and energy shortage, potentially boosting the economy. Critics argue it overlooks environmental concerns, while supporters say it cuts through regulatory red tape. Applications for fast-track approval will be accepted starting February 7th.

3 months ago
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