Crown Infrastructure Partnerships - Paerata, Pukekohe and Drury West




PROJECT
PIPELINE
STATUS

Prospective pipeline

Credibly proposed

Announced

Under procurement

Preferred bidder announced

Recently closed
Crown Infrastructure Partnerships - Paerata, Pukekohe and Drury West
STATUS

Prospective pipeline

Greenfield (construction) or brownfield (government asset divestment) projects needed or likely to occur within the next five years, but is not formally proposed by a state, territory or major local government.

Credibly proposed

The project or divestment is supported by a state, territory or major local government, is subject to studies or other processes (such as pre-feasibility or scoping studies or business case development), and is likely to proceed to formal announcement.   

Announced

The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.

Under procurement

The project or transaction is under procurement (such as a call for Expressions of Interest, requests for tender, or another offer to the market).

Preferred bidder announced

A preferred bidder has been selected and is in exclusive negotiations.

Recently closed

Projects that have progressed to contractual close remain on ANZIP for 12 months.

ANZIP is focused only on major infrastructure activity, above the following thresholds:

Australia

Construction projects: > AUD$300m

Investable greenfield & brownfield: > AUD$100m

New Zealand

All greenfield and brownfield projects and divestments: > NZD $100 million



STATUS: Prospective pipeline
VALUE: $296M AUD | $319 NZD
SECTOR: Other
JURISDICTION: New Zealand
PROCUREMENT APPROACH: Confirmed PPP
TYPE: Greenfield

In July 2017 the New Zealand Government announced NZ$600 million (A$560 million) will be provided for a joint public-private infrastructure investment fund, Crown Infrastructure Partners, for road and water infrastructure.

The objective of Crown Infrastructure Partners is to increase the supply of land available for housing development through infrastructure investment, particularly in high-growth areas in the North and South of Auckland.

The greatest opportunity to create new urban areas in Auckland is to the South of the city, where around 5,300 hectares of land has been identified for urban development.

The areas of Paerata, Pukekohe, Drury West and Drury South offer the greatest opportunity to expedite the supply of housing as they are the most ready to develop.

Of these, Drury South is the most progressed potenital housing development (see $68 million Drury South sub-project).

Although areas in the South have significant potential to expand greenfield housing capacity in Auckland, only 3,000 additional houses can be supported by the existing water and roading infrastructure.

It is estimated that an infrastructure investment of $387 million ($215 million for transport; $172 million for water) could increase the supply of new houses by 17,800 across Paerata, Pukekohe, Drury West and Drury South.

The estimated $172 million needed for water infrastructure in the South would fund a number of developments including (but limited to) the:

- New Paerata water main ($30 million)
- New Paerata sewer ($40 million)
- Drury West wastewater reticulation ($20 million)
- Drury South pump station ($25 million)
- Bremner Road sewers ($2 million)
- Bremner Road pump station ($20 million)
- Paerata storm water ($1 million)
- Pukekohe storm water ($26 million)

The estimated $215 million infrastructure investment in the South would fund a number of transport developments, including the:

- Rail stations at Paerata and Drury West ($60 million)
- Paerata rail crossing ($20 million)
- Bremner upgrade ($38 million)
- Mill Road, Great South Road/Spine Road ($97 million)


Crown Infrastructure Partnerships - Paerata, Pukekohe and Drury West
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