Business

Government signs $3.6 billion deal for Northland Expressway

The Government has signed New Zealand's largest public-private partnership to build a 26-kilometre expressway from Warkworth to Te Hana, with construction to begin within months.

Skinny McBuntu

The $3.6 billion deal between the transport agency and the Northway consortium, led by Spanish infrastructure builder Acciona, represents New Zealand's biggest public-private partnership. The 26-kilometre expressway will include twin tunnels through the Dome Valley. Detailed design and early works are expected to begin in coming months.

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Coverage across the news outlets we track, as at publication.

What outlets are saying

Stuff

Northland Expressway deal signed, construction to begin within months

Detailed design and early works on the Warkworth to Te Hana expressway are expected to begin in the coming months after the Government signed New Zealand’s largest public-private partnership.

Read the full story at Stuff

1News

Govt inks $3.6b deal for first stage of Northland Expressway

The largest public-private partnership in New Zealand history will bore twin tunnels through Kraack Hil in the Dome Valley.

Read the full story at 1News

NZ Herald

$3.6b Northland expressway deal signed in biggest-ever PPP

The 26km expressway will include twin tunnels through the Dome Valley.

Read the full story at NZ Herald

BusinessDesk

Government signs $3.6b PPP contract for Warkworth to Te Hana expressway

A $3.6 billion public-private partnership contract to build the Warkworth to Te Hana expressway – New Zealand’s most expensive roading project – has been struck between the transport agency and Northway consortium. Financial close of negotiations between NZ Transport Agency…

Read the full story at BusinessDesk

Newstalk ZB

Chris Bishop: Transport Minister on the Government signing a $3.6 billion deal to begin work on the Northland Expressway

The Transport Minister wants to get Northland booming as the Government moves ahead with the first stage of the Northland Expressway.

Read the full story at Newstalk ZB

Newsroom

$3.65b Northland expressway promises minutes saved but could deliver thin returns

Analysis: A multi-billion-dollar public-private partnership will build the most expensive road ever built in NZ but low benefit-cost ratios raise questions over value

Read the full story at Newsroom