Planned Construction in New Zealand, affected by Covid-19 - Update 30 June 2020

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

Delays due to Covid-19 are affecting nearly 400 projects to date.

Our researchers are updating projects where specific projects have been delayed longer than the 1 month of 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 30 June

 

Planned/Tendering projects start date postponed

313

Planned/Tendering projects put on hold

29

Commenced projects will finish later than expected

66

Cancelled due to Covid-19

8

 

We reported 757 new pipeline projects in June total value $2,740m 

We categorise these 757 projects into the following sectors:

1-30 June 2020

Number of New Projects

Value of New projects ($m)

Residential

175

$398

Commercial

136

$542

Education

109

$242

Health

27

$28

Industrial

27

$132

Mixed Use

17

$672

Sport

42

$27

Civil

222

$693

Heavy Industry/Energy

2

$6

Total

757

$2,740

The size of the New Zealand planned construction work pipeline as at 30 June 2020

 

Number of Projects

Value of projects ($m)

Residential

3,043

$72,414

Non-residential buildings

6,469

$81,823

Infrastructure

5,225

$69,554

Total

14,737

$223,792

 

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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