putting the right value on aviation presentation by stephen selwood, chief executive, nz council for...
TRANSCRIPT
Putting the Right Value on Aviation
Presentation by Stephen Selwood, Chief Executive,NZ Council for Infrastructure Development to
Women Leaders in Aviation Summit20-21 October 2015
Lead Inspire Grow
NZCID Members
Overview
◦NZ Infrastructure Market◦Sector◦Who◦Forecast
◦Role of aviation◦Challenges◦Opportunities
Total Market Projection: Construction
National Construction Pipeline Report 3, July 2015
Geographic Split
National Construction Pipeline Report 3, July 2015
Infrastructure Forecast
Transport; 44,586
Electricity and telecommunica-tions networks; 30,107
Water, stormwater, wastewater, and waste; 16,187
Ports, airports, and rail; 5,146 Electricity generation and irrigation;
2,257
Infrastructure Spend by Sector 2014-2024 $mSource: Infometrics 2014
Drivers for Investment
◦Three decades of under-investment – 70s, 80s, 90s◦One decade of catch-up to date
Energy Telecommunications Transport - esp Auckland 3 Waters - $7bn unfunded depreciation Productive water – irrigation investment opportunity Social – social housing, schools and hospitals
Key opportunities (challenges) facing sector
◦Technology
◦Globalisation
◦Rising expectations
◦Demographic change – aging population
◦Climate Change
◦Resilience
World Economic Forum Global Competitiveness Report 2015 - 2106
Aviation rated 5.8 out of 7 and ranked 18th out of 140 nations surveyed
National Infrastructure Plan
◦Greater regional integration and collaboration◦International connectedness:◦Negotiation of new air services (MoT)◦National Freight Demand Study forecasts (MoT)◦Review of the Civil Aviation Act esp technology (MoT)
◦What else must be done?
LGNZ: Mobilising the regions report
Criteria for investment decision making
Integration of all transport modes vital
Auckland Airport
Auckland Plan forecasts show improved PT outcomes but poor congestion outcomes…
Morning Peak Strategic Network Travel Speed
Inter-peak Strategic Network Travel Speed
% jobs accessible within 30 min car commute
% jobs accessible within 45 min public transport commute
NZ market opportunities are strong… BUT◦Challenging public policy issues:◦ Lifting the positioning of the
domestic aviation sector◦ Funding / pricing - transport ◦Disintegrated (dysfunctional)
planning framework – not linked to funding
◦Need to improve integration between national and local planning, funding and delivery of infrastructure
◦ Better alignment in decision making frameworks