Photo: Getty ImagesNational is promising to create a single Crown-owned bank to streamline and fund infrastructure projects if elected into government. The party's infrastructure spokesperson Chris Bishop said the Labour-led Government had taken "a clumsy and incompetent approach to infrastructure investment". "Just look at the Provincial Growth Fund, the lack of delivery in the Green Investment Fund and the lack of clarity over shovel-ready infrastructure projects. "Our infrastructure bank will act as a careful steward of our infrastructure programme, providing vital leadership and capability in the public sector as these intergenerational assets are developed." National said the infrastructure bank would:• Provide leadership and capability in the public sector for long term infrastructure development• Fund new infrastructure projects for the Crown and local government.

Source: Otago Daily Times September 09, 2020 02:48 UTC