Urban regeneration and infrastructure are important practice areas for PwC. The urban regeneration and infrastructure team led by Partners Carl Blanchard and John Schellekens are developing those areas of focus and strengthening the linkages between. Utilising our local subject matter experts and global PwC network of peers and professionals to support this work. PwC New Zealand’s offering covers: Corporate financing, tax, property and real estate, consultancy and regulatory and capital markets.
New approaches are needed to bridge the infrastructure funding gap. It’s imperative for New Zealand cities’ and regions future sustainability, prosperity and the well-being of its citizens that government meet the demand for transport and other public infrastructure. On current trajectories the demand for new infrastructure outweighs capacity to deliver the required pipeline of projects. There is now an opportunity to reform the way infrastructure is funded and financed. Value creation and capture ensures the cities of tomorrow continue to be places of innovation and engines of economic growth.
PwC New Zealand recently held an event “Stronger linkages between urban regeneration and infrastructure”. An opportunity for New Zealand infrastructure leaders to talk value creation and capture. A topic of growing importance as central and local government progress their infrastructure plans with increasingly stretched budgets. Special guests shared their insight and experience amongst leading infrastructure peers, discussing the importance of new infrastructure to urban regeneration and value creation.
David Rankin from Panuku Development Auckland helpfully articulated how even with infrastructural deployment, development can take time - canvassing a number of precinct examples in Auckland.
John Marinopoulos from PwC Australia spoke to the concepts behind value creation associated with infrastructure: how to measure it, how it might apply to optimal route design, and then how to think about capturing that value. Value capture and creation is a discipline that PwC has market leading knowledge in, with John having applied his practices to numerous projects in Australia and New Zealand.
We thank both speakers for their valuable input. See the session insights here.