1. Putting the Right Value on Aviation Presentation by Stephen Selwood, Chief Executive, NZ Council for Infrastructure Development to Women Leaders in Aviation Summit 20-21 October 2015 Lead Inspire Grow

2. NZCID Members

3. Overview ◦ NZ Infrastructure Market ◦ Sector ◦ Who ◦ Forecast ◦ Role of aviation ◦ Challenges ◦ Opportunities

4. Total Market Projection: Construction National Construction Pipeline Report 3, July 2015

5. Geographic Split National Construction Pipeline Report 3, July 2015

6. Infrastructure Forecast

10. Drivers for Investment ◦ Three decades of under-investment – 70s, 80s, 90s ◦ One decade of catch-up to date Energy Telecommunications Transport - esp Auckland 3 Waters - $7bn unfunded depreciation Productive water – irrigation investment opportunity Social – social housing, schools and hospitals

11. Key opportunities (challenges) facing sector ◦ Technology ◦ Globalisation ◦ Rising expectations ◦ Demographic change – aging population ◦ Climate Change ◦ Resilience

12. World Economic Forum Global Competitiveness Report 2015 - 2106

13. Aviation rated 5.8 out of 7 and ranked 18 th out of 140 nations surveyed

14. National Infrastructure Plan ◦ Greater regional integration and collaboration ◦ International connectedness: ◦ Negotiation of new air services (MoT) ◦ National Freight Demand Study forecasts (MoT) ◦ Review of the Civil Aviation Act esp technology (MoT) ◦ What else must be done?

15. LGNZ: Mobilising the regions report Criteria for investment decision making

16. Integration of all transport modes vital Auckland Airport

17. Auckland Plan forecasts show improved PT outcomes but poor congestion outcomes… Morning Peak Strategic Network Travel Speed Inter-peak Strategic Network Travel Speed % jobs accessible within 30 min car commute % jobs accessible within 45 min public transport commute

18. NZ market opportunities are strong… BUT ◦ Challenging public policy issues: ◦ Lifting the positioning of the domestic aviation sector ◦ Funding / pricing - transport ◦ Disintegrated (dysfunctional) planning framework – not linked to funding ◦ Need to improve integration between national and local planning, funding and delivery of infrastructure ◦ Better alignment in decision making frameworks