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National package for land transport, growth and development finalised
Media Release, 30 March 2004
Minister of Transport - Hon Pete Hodgson
The government has confirmed an additional $2.97 billion investment in land transport over the next ten years, with a particular emphasis on Auckland.
Auckland will receive $1.62 billion, while other regions will collectively receive $1.35 billion in extra investment to address decades of under-funding of land transport infrastructure and services around the country.
This investment is as a result of the Investing for Growth – a transport package for New Zealand – announced by the government in December 2003.
"New Zealand as a whole will benefit from the investment to ease congestion and enhance access, mobility, economic development and sustainability in Auckland," says Transport Minister Pete Hodgson. "Land transport outside Auckland will also be substantially upgraded."
"I am delighted that Auckland local authorities have agreed to make significant improvements to transport governance. Auckland’s transport infrastructure and services will be improved considerably as a result. All Aucklanders will benefit from the funding package."
In December Cabinet and the Auckland local authorities agreed that the priorities for the additional funding for Auckland would be:
"These priorities will be further refined before the enactment of the Local Government (Auckland) Bill," Mr Hodgson said. "In addition, Auckland local authorities have agreed to review the Regional Land Transport Strategy by the end of 2005. This combined work will ensure that the agreed priorities deliver benefits across the government's strategic objectives and support the integration of transport and land use."
Funding outside Auckland will be used for improvements to passenger transport, demand management and worthwhile urban and rural roading improvements, including walking and cycling facilities.
The national funding package includes:
Both the Greens and the United Future Party have agreed to support the package and the introduction of the required legislation.
"A more sustainable and effective transport system is vital to Auckland’s quality of life and success as a centre of business and innovation excellence, and to New Zealand reaching the top half of the OECD rankings. Other transport deficits, though less acute than Auckland, will also be addressed. With this package the government is moving New Zealand and Auckland toward these goals," concluded Mr Hodgson.
All figures exclude GST.
Contact: Graeme Speden, press secretary, phone: 04 471 9707 / 021 270 9055, e-mail: firstname.lastname@example.org
Last updated: 13/05/2005