National Infrastructure Plan Options

[EXEC]

Infrastructure Plan outlines large programme
2 March 2010

The National Infrastructure Plan, issued today, shows the large scale of the Government's infrastructure programme and highlights some future issues that may require action, Infrastructure Minister Bill English says. The first National Infrastructure Plan, put together by Treasury's National Infrastructure Unit, shows the Government is spending over $6 billion a year on physical assets and holds about $110 billion of such assets. The plan, which has a 20-year horizon, is part of a range of work aimed at improving the Government's planning, decision-making and management of infrastructure in order to maximise economic benefits.
Key investments
State Highways: $10.7 billion over the next 10 years.
National grid: $3.3 billion over the next five years.
Urban broadband: $1.5 billion over the next 10 years.
New schools and buildings: $2.7 billion allocated over next five years.
Total Budget capital spending: $7.5 billion over five years

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