Fletcher Building announced Friday that its subsidiary, Fletcher Construction, is part of the consortium that has been awarded the contract for the Waterview connection tunnels and Great North Road interchange in Auckland.
Fletcher Construction has a 32 percent share of the “Well Connected Consortium”, with McConnell Dowell, Obayashi Corporation and three design companies, Beca, Parsons Brinkerhoff [...]

Pacific Fibre and TE SubCom, a TE Connectivity Ltd company and an industry pioneer in undersea communications technology, Monday announced the signing of a supply contract for the Pacific Fibre undersea cable system.
The exceptionally long system will stretch 12,750km and boast a significantly higher cross sectional capacity than any other trans-Pacific cable.
Intended to meet the [...]

REANNZ and Pacific Fibre announced Wednesday that they have signed a $91 million definitive agreement for the supply of international capacity on the new Pacific Fibre cable system. The agreement was approved by the REANNZ board and by shareholding Ministers Hon Bill English and Hon Dr Wayne Mapp.
Donald Clark, outgoing REANNZ CEO, reiterated his excitement [...]

According to Stuff New Zealand, a Basque train maker and a Hyundai subsidiary are in the running for the $500 million contract to provide Auckland’s new trains. New Zealand’s state owned rail operator KiwiRail revealed a short list for the 38 new electric trains and maintenance contracts. Basque based Construcciones y Auxiliar de Ferrocarriles (CAF) [...]

Crane Group’s Institutional investors have approved Fletcher Building’s takeover offer. The investors agreed to the A$10.07 a share offer, after the New Zealand construction firm hiked its offer. Perpetual, Crane’s biggest institutional investor with a 7.5 per cent holding, has indicated it will lodged its shares in Fletcher’s acceptance facility, along with a number of [...]

The New Zealand government Monday announced it’s close to sealing the multi-billion rural broadband initiative deal with Telecom and Vodafone. Communications and Information Technology Minister Steven Joyce said the government had commenced negotiations with the two firms over the initiative, aimed at enhancing broadband speeds for kiwis in rural areas.
Negotiations are expected to be completed [...]

Infratil, New Zealand infrastructure investor reiterated that it is mulling a possible offer for the A$5.3 billion ($7.1 billion) privatization of energy assets in New South Wales. According to the firm, its Australian unit may participate in a second round of asset sales in the state, reported the New Zealand Herald.
Under the New South Wales [...]

New Zealand’s foremost roading firm has gone into a five year joint venture with an Australian infrastructure firm. Fulton Hogan said it had agreed on a five-year joint venture with John Holland, a business arm of the Australian infrastructure major, the Leighton Group.
Nick Miller, Fulton Hogan managing director said the joint venture is a strategic [...]

New Zealand’s Environment Protection Authority reported that it expects to obtain $6 billion worth of infrastructure project applications by the end of 2011. New Zealand’s Environment Minister, Nick Smith, said the authority may receive infrastructure applications totaling over $6 billion by the end of the coming year. He further said the increased applications come as [...]

In a move that is reportedly worrying New Zealand construction firms, Chinese contractors are increasingly bidding for local contracts. An increasing number of direct Chinese investments in the country’s infrastructure projects have been typical in the recent months. Currently, a Chinese state owned firm has logged a bid for the Transmission Gully motorway project. The [...]