Govt aims to keep transport construction afloat
Advance payments will be made to transport construction industry contractors to retain the workforce during the COVID-19 lockdown.
The payments from the government will ensure the industry is ready to quickly gear up to build projects which will be vital to New Zealand’s COVID-19 economic recovery, says Transport Minister Phil Twyford.
Keeping the workforce required to build the pipeline of infrastructure projects is critical to our recovery, he says.
“The decision to bring payments forward will provide financial relief through the four-week lockdown period to enable suppliers to retain their workforces, ensuring they can quickly re-start work and be in a strong position to respond to any future government infrastructure packages.”
“While we’ve put the health and wellbeing of New Zealanders first by going hard and early with our response to the pandemic, we are also planning for the post-lockdown economy.
“Making sure we can build more critical infrastructure as soon as possible will help stimulate the economy and help New Zealand make up its infrastructure deficit.
“The Transport Agency is also continuing planning and design work so that more projects are ready to move to construction as soon as works can resume,” says Phil Twyford.