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Reprioritising infrastructure projects - NZIER Insight 26

March 8, 2011
The cost of Christchurch's devastating earthquakes means that the Government's prior promises to undertake specific infrastructure projects now have to be reviewed. As the Finance Ministers signalled, funding Christchurch's recovery will prompt 'a fairly hard look at our capital investment priorities to see whether they can be shuffled around'. The challenge is to make the right tradeoffs about whether to abandon or delay a given infrastructure project and redirect those funds to Christchurch's redevelopment or to continue as originally planned.
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