Skip to main content

On what project cost estimate, and at what discount rate, was the expected return of $1.60 per dollar invested for the Warkworth to Te Hana project calculated?

Answered Question 35857 (2026)
Question published
Reply lodged
Bookmark

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • On what project cost estimate, and at what discount rate, was the expected return of $1.60 per dollar invested for the Warkworth to Te Hana project calculated?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

The economics assessment was based on a P50 cost estimate of $3.5B (excluding NZTA admin fee). The Discount Rate used in the assessment was 2% (2024-53), and 1.5% (2054-83).