Wellington, March 7 (IANS) The New Zealand government is expected to cut red tape to accelerate the consenting of infrastructure and other major projects of national significance.
The Fast Track Approvals Bill was approved by the Cabinet and received its first reading under urgency on Thursday, before being sent to the environment committee for public submissions, Xinhua news agency reported.
“We are determined to cut through the thicket of red and green tape holding New Zealand back, make it clear to the world that we are open for business, and build a pipeline of projects around the country to grow the economy and improve our productivity,” said Chris Bishop, Minister responsible for RMA (Resource Management Act) reforms.
A recent report by the infrastructure commission shows that the cost of consenting infrastructure projects has increased by 70 per cent since 2014, and the time it takes to get consent has increased by as much as 150 per cent over the same period, Bishop added.
“For too long New Zealanders have had to wait years, even decades, before crucial projects in their regions are approved and consented, and the benefits flow to communities,” said Regional Development Minister Shane Jones.
In response to the move, opposition Green Party’s co-leader James Shaw said the government is giving big industry a free pass to “bulldoze New Zealand’s precious native wildlife”.
–IANS
int/khz
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
