Planned Construction in New Zealand, affected by Covid-19 - Update 31 August 2020

At any time Pacifecon is reporting many thousands of planned construction projects.

Delays due to Covid-19 are affecting 4600 projects to date.

Our researchers are updating projects where specific projects have been delayed longer than the 1 month of the Alert Level-4 period. 

We expect to see adjustments of construction start dates in the months to come, with some projects being accelerated to take the place of others which are delayed.

 

Total Number of projects affected to 31 August

 

Planned/Tendering projects start date postponed

363

Planned/Tendering projects put on hold

37

Commenced projects will finish later than expected

85

Cancelled due to Covid-19

11

 

We reported 903 new pipeline projects in August total value $3,848m 

We categorise these 903 projects into the following sectors:

1-31 August 2020

Number of New Projects

Value of New projects ($m)

Residential

297

$1,641

Commercial

165

$576

Education

94

$135

Health

29

$113

Industrial

26

$125

Mixed Use

16

$118

Sport

33

$64

Civil

239

$686

Heavy Industry/Energy

4

$389

Total

903

$3,848

The size of the New Zealand planned construction work pipeline as at 31 August 2020

 

Number of Projects

Value of projects ($m)

Residential

3,183

$75,266

Non-residential buildings

6,460

$81,119

Infrastructure

5,171

$69,692

Total

14,814

$226,077

 

This data is based on projects known to Pacifecon & other publicly available information. All projects are continually reviewed & updated, changes to values of projects within the pipeline are reflected in the figures.

All reasonable care has been taken in gathering, compiling & furnishing the information specified herein, but Pacifecon (NZ) Ltd. will not be responsible for errors, omissions, inaccuracies or lateness or liable for any claims, actions or suits arising directly or indirectly there from.

This data is subject to copyright & is not to be reproduced in part or in whole without acknowledgement of source Pacifecon (NZ) Ltd.

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