1 00:00:00,240 --> 00:00:03,640 Speaker 1: Good evening. The investments summit underway in Auckland right now 2 00:00:03,720 --> 00:00:07,039 Speaker 1: and on the table we've got PPPs to build, finance, 3 00:00:07,240 --> 00:00:10,160 Speaker 1: maintain this new section of the Northern Expressway. We've got 4 00:00:10,200 --> 00:00:13,800 Speaker 1: three new courthouses in a revamped christ Church Men's prison. 5 00:00:14,440 --> 00:00:17,919 Speaker 1: Brett Sheppard, he's from Craig's Investments, Investment Partners. He is 6 00:00:18,000 --> 00:00:21,960 Speaker 1: there representing investors and he says, so far they're liking 7 00:00:21,960 --> 00:00:22,600 Speaker 1: what they're hearing. 8 00:00:22,760 --> 00:00:24,439 Speaker 2: The people I've talked to you last night and again 9 00:00:24,480 --> 00:00:27,880 Speaker 2: this morning absolutely committed on the basis that there was 10 00:00:27,920 --> 00:00:31,240 Speaker 2: a continuation of a program that they believe so commit 11 00:00:31,400 --> 00:00:34,640 Speaker 2: human capital, knowing that as bipartisan that'll see through an 12 00:00:34,640 --> 00:00:38,400 Speaker 2: election cycle and it's on a sustainable basis is Key. 13 00:00:38,360 --> 00:00:41,599 Speaker 1: Chris Bishops and charges with us now home Minister, good day, 14 00:00:41,640 --> 00:00:44,040 Speaker 1: how are you good? Thank you? Anything tangible come out 15 00:00:44,080 --> 00:00:45,959 Speaker 1: of this year or is it fair to say this 16 00:00:46,479 --> 00:00:47,560 Speaker 1: deals will be done later? 17 00:00:48,920 --> 00:00:51,120 Speaker 3: Deals will be done later and in the coming weeks, 18 00:00:51,200 --> 00:00:54,040 Speaker 3: months and years ahead. This is about a long term pipeline. 19 00:00:54,120 --> 00:00:56,400 Speaker 3: I mean one tangible commitment we've already had today from 20 00:00:56,480 --> 00:00:59,320 Speaker 3: Plenary Group, for example, is they promised to set up 21 00:00:59,320 --> 00:01:01,240 Speaker 3: in Zealand offic here and they promised to bid on 22 00:01:01,280 --> 00:01:04,480 Speaker 3: the next five PPP opportunities that come up. So that 23 00:01:04,800 --> 00:01:06,760 Speaker 3: is actually a commitment they've just made, i think in 24 00:01:06,800 --> 00:01:08,520 Speaker 3: the last twenty four hours on the basis of what 25 00:01:08,560 --> 00:01:10,080 Speaker 3: they've heard of the summer and then the lead up 26 00:01:10,080 --> 00:01:11,000 Speaker 3: to it. So that's good. 27 00:01:11,120 --> 00:01:14,200 Speaker 1: That is good. The bipartisan thing obviously very important. You've 28 00:01:14,200 --> 00:01:17,760 Speaker 1: got Barbara edmund speaking tomorrow. How I mean, do you 29 00:01:17,840 --> 00:01:21,560 Speaker 1: have an agreement that whatever you decide while you're in 30 00:01:21,600 --> 00:01:23,959 Speaker 1: government they'll stick to, because that's really what these guys 31 00:01:24,000 --> 00:01:24,400 Speaker 1: want to know. 32 00:01:25,840 --> 00:01:29,120 Speaker 3: Yeah, that's been a constant theme of today is hearing 33 00:01:29,120 --> 00:01:31,119 Speaker 3: from the delegates. They like the fact that you've got 34 00:01:31,200 --> 00:01:34,080 Speaker 3: national and labor in the room, being mature, grown up 35 00:01:34,120 --> 00:01:37,399 Speaker 3: adults agreeing on working on a pipeline and also the 36 00:01:37,400 --> 00:01:40,480 Speaker 3: funding model. So Barbara Edmunds wrote a forward to the 37 00:01:40,520 --> 00:01:42,920 Speaker 3: PPP document that we released as a government. 38 00:01:43,240 --> 00:01:44,440 Speaker 1: That is really important. 39 00:01:44,560 --> 00:01:47,440 Speaker 3: And I'm working with her on the thirty year Plan 40 00:01:47,560 --> 00:01:50,240 Speaker 3: for infrastructure in New Zealand and I actively want to 41 00:01:50,240 --> 00:01:54,040 Speaker 3: involve the opposition in that and I think the reality 42 00:01:54,160 --> 00:01:56,320 Speaker 3: is we need as a country to do that right 43 00:01:56,400 --> 00:01:59,400 Speaker 3: because these guys want long term certainty, they want to 44 00:01:59,440 --> 00:02:01,720 Speaker 3: invest in news, they need to understand that their investments 45 00:02:01,760 --> 00:02:04,920 Speaker 3: are safe and secure and that there's also a pipeline 46 00:02:04,920 --> 00:02:06,520 Speaker 3: so that they can invest in human capital and they 47 00:02:06,560 --> 00:02:08,600 Speaker 3: can invest in the kit and the machinery. So that 48 00:02:08,720 --> 00:02:11,040 Speaker 3: is really important. Frankly, if we're honest about it, we 49 00:02:11,080 --> 00:02:13,320 Speaker 3: haven't been very good at that as a country. Governments 50 00:02:13,320 --> 00:02:16,160 Speaker 3: come and go on, the projects come and go. Let's 51 00:02:16,160 --> 00:02:18,280 Speaker 3: get mature about it. Let's be adults in the room 52 00:02:18,320 --> 00:02:19,400 Speaker 3: and build for New Zealand. 53 00:02:19,480 --> 00:02:21,359 Speaker 1: All right, Chris Bishop, thanks so much for your time. 54 00:02:21,400 --> 00:02:24,440 Speaker 1: That's the Infrastructure Minister, Chris Bishop in Auckland. For more 55 00:02:24,480 --> 00:02:27,760 Speaker 1: from Heather Duplessy Allen Drive, listen live to News Talks. 56 00:02:27,800 --> 00:02:31,000 Speaker 1: It'd be from four pm weekdays, or follow the podcast 57 00:02:31,120 --> 00:02:32,120 Speaker 1: on iHeartRadio.