Hey big spenders: what foreign investors will really want from the infrastructure summit
- Written by John Tookey, Professor of Construction Management, Auckland University of Technology
New Zealand is struggling to stay ahead of its vital infrastructure needs, and the numbers show it.
The New Zealand Infrastructure Commission recently identified NZ$204 billion of required infrastructural spend, most of which is currently unfunded. At the same time, the nation’s debt-to-GDP ratio hit an all-time high of 44.4% in September...