Could they hold the key to crucial infrastructure developments in New Zealand?
An updated Public Private Partnership (PPP) framework will help make future transactions as successful as possible for all parties, the Government hopes.
With model, policy and process enhancements, it believes the framework will remain a useful means of developing crucial infrastructure. The New Zealand PPP Framework: A Blueprint for Future Transactions outlines a series of enhancements to the government’s approach to planning, procuring and delivering future Public Private Partnership (PPP) projects. It is designed to ensure that PPP remains a useful and relevant construction tool for New Zealand infrastructure.
Starting in 2009, the New Zealand PPP Programme has delivered eight projects since 2011. These include three corrections facilities, two state highways and three bundles of primary and secondary schools.
“PPP projects have delivered good results,” says the New Zealand Infrastructure Commission.
This work has been led by Te Waihanga, in association with Treasury and relevant Crown agencies, and incorporates a range of feedback and insights from private sector stakeholders, experienced public sector PPP practitioners, and international best practice.
From 1 December 2024, PPP responsibilities have transferred to the Treasury and Crown Infrastructure Partners.
