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NZCF Hails National

Contributor:
Fuseworks Media
Fuseworks Media
new zealand contractors federation.gif
new zealand contractors federation.gif

5 August 2008 - The New Zealand Contractors' Federation has given an emphatic welcome to John Key's pledge that a National government would spend billions on infrastructure.

The federation has been calling for the development of a 20-year infrastructure plan for several years and chief executive Richard Michael hailed the announcement as "a great step forward for future growth for the entire country".

"And forward planning on this scale would also help our industry plan for the future in an orderly way," said Mr Michael.

"It would be extremely positive in terms of recruitment and staff retention and give the industry the ability to invest in new plant and machinery.

"Creation of a Minister of Infrastructure would also be a very positive step. Infrastructure currently cuts across a range of ministerial portfolios. A new ministry would be able to play an important co-ordination role among the diverse range of stakeholders."

The federation also supported National's plan to extend government debt to fund the $5 billion it proposes spending on infrastructure.

"Infrastructure should be regarded as intergenerational assets," said Mr Michael.

"Well-considered borrowing in the way that has been suggested is perfectly feasible and would not adversely affect our economic future."

The federation has also called for government to take action to streamline consents processes.

"This is very much overdue," said Mr Michael. "Obviously the RMA plays an important role in ensuring that all parties involved in a large project can be heard, but the existing process is far too slow and cumbersome."

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