New infrastructure financing scheme a major step forward

New infrastructure financing scheme a major step forward cover image
New infrastructure financing scheme a major step forward:

The Government has announced that third party debt will be used to finance the roads and water infrastructure needed to unlock land for development in Milldale, north of Auckland… Crown Infrastructure Partners will establish a ‘special purpose vehicle’ (SPV) to raise funds from investors, comprising itself, Fulton Hogan and the ACC, to enable the construction of bulk housing infrastructure which otherwise would be deferred…

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