New Zealand project being reviewed

A key project in New Zealand project is now being reviewed.
Finance & Funding / November 9, 2020 20 seconds Read
By MJ Woof
New Zealand’s Transmission Gully project is being reviewed – image courtesy of © Wollertz, Dreamstime.com

The project for the new Transmission Gully link in New Zealand is now being reviewed. Concerns have been expressed over the increased cost of the project, as well as delays that have occurred.

The work was initially intended to be complete in April 2020, but will now take until September 2021 until it is ready to carry traffic. Meanwhile the cost of the project has jumped from the initial price of around US$550 million to $805 million.