State keeps building sector busy

More than 25 multimillion-dollar construction projects are either up for tender or about to start.

However, much of the work is coming from the state.

The Pacifecon construction report, which surveys $5 million-plus building work nationally, found the building sector busy.

"Ten new contracts were out to tender and 15 commenced or were about to start during April," Pacifecon reported. Only about a third of the projects were in the private sector, it said.

The Government's $1.5 billion ultra-fast broadband development via Crown Fibre Investment was one example cited.

To read the full NZ Herald story click here

Posted: 18 May 2009

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