NZ Transport Agency announces $280m transport investment for Otago

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The NZ Transport Agency has announced the details of a $280m programme of investment in Otago's transport system over the next three years through the 2012-15 National Land Transport programme.

This programme follows the direction outlined in the Government Policy Statement on land transport funding (GPS), with a focus on creating transport solutions that will support economic growth and productivity, improve safety, provide people with a range of transport choices and deliver the best possible value for money.

The NZTA’s Regional Director for the Southern region Jim Harland, says the investment in Otago’s transport network over the next three years will be focused on maintaining the efficiency, overall resilience and safety of the region road network for road users and freight movers.

The committed and recommended investment in Otago for 2012-15 includes approximately $190m for maintaining the efficiency of local roads over this period, an increase of almost 2% over the previous three years. Indicators of the condition of Otago’s roads show they are generally at or above average, and holding relatively steady he said.

Funding for key projects to help create transport solutions for a thriving Otago includes:

  • The Caversham Valley Safety Improvements project at an estimated construction cost of $21million.
  • A broad range of safety improvements will be delivered across the region through a regular maintenance and operations and renewal programme over the next three years, along with minor improvements targeted at safety over the same period.

Mr Harland said the investment in Otago is part of a $12.28 billion investment in New Zealand’s land transport system set out in the 2012-15 National Land Transport Programme (NLTP), including $9.38 billion from the National Land Transport Fund. The National Land Transport Programme is a partnership between local authorities (who invest funding from ratepayers and prioritise activities and projects for funding) and the NZTA (which develops the programme and invests National Land Transport Fund funds collected from road users through vehicle registration fees and fuel taxes).
While the 2012/15 National Land Transport Programme represents a significant investment in New Zealand’s transport system, with the country facing tight economic conditions, not all proposed activities could be funded.

“We’ve been working closely with local authorities in Otago for several months to ensure that funding is carefully targeted to the areas and the activities where it is needed the most and where it will deliver the best outcomes for the greatest number of people in the region. We will continue working closely with them as the 2012-15 National Land Transport Programme is implemented over the next three years,” Mr Harland says. 

The preparation of this programme has been informed by 16 regional transport committees and Auckland Transport developing and submitting regional land transport programmes outlining activities to be prioritised for funding.

National and regional National Land Transport Programme documents, Q&As and other information can be found on the NZ Transport Agency website at www.nzta.govt.nz/nltp(external link)

 

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