Source: New Zealand Transport Agency
Waka Kotahi NZ Transport Agency has today announced a $1.5 billion investment in Waikato’s land transport system that will deliver a safer, better connected and more resilient transport system to keep the region moving and save lives.
The investment in the Waikato is part of a $24.3 billion programme of investment planned for New Zealand’s land transport system over the next three years, detailed in the 2021–24 National Land Transport Programme (NLTP), published today by Waka Kotahi.
The NLTP comprises $15.6 billion from the National Land Transport Fund, generated through fuel excise, road user charges and other revenue sources; $4.6 billion from local government, generated through rates; and $3.8 million in other Crown investments.
“This investment in the transport system will help Waikato grow, make it easier for people to move around the region and save lives on our roads, which is critical with the high number of deaths and serious injuries in the region. It will deliver the best results for our transport dollar,” says Waka Kotahi Director Regional Relationships for Waikato and Bay of Plenty, David Speirs.
“Improving people’s safety is a top priority for Waka Kotahi, and in the Waikato we’ll be investing $224 million during the next three years on speed management and infrastructure improvements to make journeys safer. This investment will be at key locations across 15 high-risk corridors.
“Along with the completion of the Waikato Expressway, a further $85 million will be invested in local road and a total of $237 million in state highway improvements.
“Supporting more environmentally-friendly and healthier travel options is also a focus of this NLTP. To help prevent congestion and make Hamilton and our towns healthier places to live, $126 million will be invested in public transport, which includes in the new Te Huia rail service linking Hamilton and Auckland. There is also $54 million for walking and cycling, which will include completing the 60km Te Awa walking and cycling connection between Ngāruawāhia and Lake Karapiro and beginning work on the Eastern Pathway School Link,” says Mr Speirs.
Full details of the investments being made through the National Land Transport Programme, including detailed regional breakdowns, can be found at www.nzta.govt.nz/nltp
- The 2021–24 National Land Transport Programme (NLTP) is a partnership between local government, which invests local funding on behalf of ratepayers, and Waka Kotahi, which invests national funding on behalf of Government through the National Land Transport Fund (NLTF). Funds for the NLTF are collected from petrol excise, road user charges and vehicle registration and licensing fees.
- The $24.3 billion 2021–24 NLTP includes $15.6 billion from the NLTF and $4.6 billion from local government. Government will also invest $3.8 million in additional Crown funding to deliver specific programmes through the NLTP.
- NLTP investments are designed to give effect to the strategic priorities outlined in the Government Policy Statement for land transport (GPS).
- Demand for funding for the 2021–24 NLTP period has been higher than ever before and the Government has provided additional financing of $2 billion that will enable Waka Kotahi to deliver more for New Zealand with its co-investment partners.