New Zealand spends plenty on infrastructure and gets too little for it. Its answer is a 30-year plan, private finance and foreign builders.
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Fletcher Building, Infratil, Mainfreight, Port of Tauranga and the PPP pipeline: who builds, owns and moves New Zealand’s physical economy.
New Zealand spends plenty on infrastructure and gets too little for it. Its answer is a 30-year plan, private finance and foreign builders.
Tauranga beat Auckland by dredging deeper, building an inland port in its rival’s backyard and listing on the stock exchange.
Mainfreight has no private offices, promotes from within and plans for a century. Its American business is testing how far that travels.
A Wellington fund that once owned buses and petrol stations now derives most of its value from data centres built for governments and AI.
New Zealand’s biggest building company spent a decade losing money on other people’s buildings. Now it only wants to sell the materials.
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