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The investment management activity class includes Transport planning, Sector research and Investment in the funding allocation system activities. Links to definitions and guidance for each work category within this activity class is provided below.

The investment management activity class is described in the GPS as investment in the transport planning, research and funding allocation management.

Government expectations

The government has set out its expectations of the land transport system in the  2018 Government Policy Statement on Land Transport (external link)(GPS).

These include results from investments in investment management from the National Land Transport Fund.


  • Short to medium term results

    Short to medium term results

    For investment management, the government expects:

    • Renewed strategic focus to have the greatest impact on reducing death and serious injury (including developing a new road safety strategy and action plan in the next 12-18 months)
    •  A more accessible and better-integrated transport network including public transport, walking and cycling
    •  Improved land use and transport planning to create more liveable cities
    • Improved targeting of resilience risk and vulnerabilities through the use of an integrated whole-of-system approach which may include investment in non-transport infrastructure when this has clear transport benefits
    • Reduced greenhouse gas emissions from land transport using a whole-of-system approach
    • A more rigorous and transparent investment appraisal system
    • Enhanced reporting, monitoring and evaluation on GPS 2018 investment
    • Better integrated transport research across government
    • More effective and efficient investment from innovation in systems, standards, procurement and technology
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  • Long term results

    Long term results

    For investment management, the government expects:

    • Significant reduction in deaths and serious injuries
    • Metropolitan and high growth urban areas are better connected and accessible
    • Improved network resilience for the most critical connections
    • Reduce greenhouse gas emissions from transport
    • Better informed investment decision-making
    • Improved returns.
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Qualifying for NLTP consideration

To qualify for consideration for inclusion in the National Land Transport Programme (NLTP) and subsequent approval of funding:

  • any proposed activity is eligible by meeting the definition of the investment management activity class in the GPS and the appropriate work category definition in this knowledge base
  • all regionally delivered iivestment management activities proposed for inclusion in the NLTP must be included in a regional land transport plan (RLTP), and
  • organisations must comply with the Transport Agency’s Procurement manual(external link) and procurement rules, as well as any relevant standards and guidelines as listed in the Transport Agency’s Register of Network Standards and Guidelines(external link).

Investment management activities described in the following work categories are eligible for inclusion.


Development of investment management activities

Guidance on developing investment management activities is provided for each of the work categories in this activity class. See investment management work categories. 

Assessment of investment management activities

Investment management activities are assessed using the Transport Agency's Investment Assessment Framework - see Assessment of investment management activities.