New Zealand to Speed Up Approval for 149 Projects Amid Downturn

By Bloomberg (Business) | Created at 2024-10-06 03:25:08 | Updated at 2024-10-06 06:35:17 3 hours ago
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October 5, 2024 at 10:41 PM EDT

New Zealand’s government will include 149 projects in a fast-track approvals bill — predominantly in housing, infrastructure, resources and agriculture — in a bid to revive a slowing economy.

They include 58 in housing and land development, 43 in infrastructure, 22 in renewable energy and 11 in mining, according to a factsheet accompanying a statement from the ministers for infrastructure and regional development released Sunday.

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