When the Facts Change How big do we want to be?
Jun 12, 2025
Nick Leggett, Chief Executive of Infrastructure New Zealand, delves into Aotearoa's pressing infrastructure challenges. He highlights a staggering $200 billion gap and the importance of maintaining existing assets. Leggett discusses how public-private partnerships (PPPs) can be beneficial, yet complicated, especially in light rail projects. He contrasts New Zealand's infrastructure delays with Canada's efficient delivery systems. The key takeaway? A crucial national debate on population size is essential for shaping future infrastructure needs.
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Auckland Light Rail Deal Collapsed
- The inner city rail link was days from Cabinet sign-off before Winston Peters blocked foreign ownership and the deal was cancelled.
- Nick Leggett says that cancellation left a sour taste with big investors and chilled PPP interest in New Zealand.
The $200B Infrastructure Catch-Up
- New Zealand faces an infrastructure gap north of $200 billion, with about 60% from deferred renewals.
- Leggett stresses catching up on existing assets must come before new builds.
Use PPPs Selectively
- Use PPPs selectively where private financing and risk allocation improve outcomes.
- Avoid PPPs for highly complex, disruptive projects like light rail in dense urban areas.