About the 2024–27 NLTP Investment Prioritisation Method

This page relates to the 2024–27 National Land Transport Programme.

Introduction

This page outlines key components of the New Zealand Transport Agency Waka Kotahi (NZTA) Investment Prioritisation Method (IPM), which applies to the 2024–27 National Land Transport Programme (NLTP).

2024–27 National Land Transport Programme

Government Policy Statement on land transport 2024(external link)

Role and key components of the IPM

We (NZTA as investor) use the IPM to give effect to the Government Policy Statement on land transport 2024 (GPS 2024) by prioritising activities into activity classes for inclusion in the 2024–27 NLTP, and to confirm priority at the time a National Land Transport Fund (NLTF) investment decision is made.

Key components of the IPM:

• The IPM includes 3 prioritisation factors: GPS alignment, scheduling, and efficiency.
• It also includes a prioritisation matrix that sets out how the 3 prioritisation factors combine to determine an overall investment priority ranking in an activity class.
• As some terms have specific meanings in the context of the IPM and in the tables supporting the assessment of the 3 factors for investment prioritisation, the IPM document also includes definitions.

Further information

Investment Prioritisation Method document