A Crown entity (from the Commonwealth term Crown ) is an organisation that forms part of New Zealand 's state sector established under the Crown Entities Act 2004 , a unique umbrella governance and accountability statute. The Crown Entities Act is based on the corporate model where the governance of the organisation is split from the management of the organisation.
8-544: The New Zealand Infrastructure Commission ( Māori : Te Waihanga ) (Infracom) is an autonomous Crown entity . It has primary functions of long-term strategy and planning for infrastructure , as well as procurement and delivery advice and support for major projects. Prior to the establishment of Infracom, the Treasury was responsible for producing the Thirty Year New Zealand Infrastructure Plan,
16-548: A former Reserve Bank governor as chair of the new Infrastructure Commission. In commenting on the announcement, the Minister said that the government had allocated $ 41 billion in the Budget to build schools, hospitals, houses, roads and public transport over the next five years. Infracom will work with central and local government, the private sector, iwi and other stakeholders, and develop a 30-year infrastructure strategy that will replace
24-814: The Reserve Bank . Under the Crown Entities Act, ministers are required to "oversee and manage" the Crown's interests in the Crown entities within their portfolio (sections 27 and 88). The board of the entity has the key role in ensuring the entity is achieving results within budget. This is done by a monitoring department on behalf of the minister unless other arrangements for monitoring are made. Monitoring departments make explicit agreements with their minister, setting out what monitoring they will undertake and how they will do it. Crown entity boards should also facilitate clear and transparent monitoring, for example, by providing
32-789: The Capital Intentions Plan, the Infrastructure Evidence Base, and the State of Infrastructure Reports. The historical documents published by Treasury include the 2015 issue of the 30 year Infrastructure Plan The legislation to formally establish the Infrastructure Commission, Te Waihanga came into force on 25 September 2019 and the Commission is listed under Schedule 1 – Part 2 of the Crown Entities Act 2004 . At
40-424: The government's current 30-year plan. The first plan will be reported to government by the end of 2021 and thereafter at least every 5 years. The strategy will cover the ability of existing infrastructure to meet community expectations; current and future infrastructure needs and priorities; as well as any barriers which could impede the delivery of infrastructure or services arising from it. The Treasury now monitors
48-548: The infrastructure pipeline in March 2020, Infracom said that it had incorporated nearly $ 7 billion of New Zealand Upgrade programme projects, bringing the estimated total value of the works pipeline to $ 33.2 billion. Crown entity Crown entities come under the following types: Crown entities can be contrasted with other New Zealand public sector organisational forms: departments of state , state-owned enterprises , offices of Parliament and sui generis organisations like
56-506: The launch of the Infrastructure Commission in February 2019, the Minister for Infrastructure , Shane Jones , said New Zealand has an "unprecedented infrastructure deficit" and the Commission was tasked with addressing that. Transport projects and urban infrastructure issues would likely be the focus of the new commission. In August 2019, the Minister announced the appointment of Dr Alan Bollard ,
64-567: The performance of Infracom and provides advice to Ministers on the Commission's long-term infrastructure strategy and its other recommendations. Infracom collects and publishes searchable information about planned infrastructure projects (the pipeline). On 29 January 2020, the Prime Minister announced a $ 12 billion package of infrastructure investments to be known as the New Zealand Upgrade Programme . In its quarterly update of
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