Australia and New Zealand Infrastructure Pipeline (ANZIP)
Primary delivery improvement theme impacted
Capability and capacity
Other delivery improvement theme(s) impacted
Australia and New Zealand have highly developed markets for infrastructure construction, investment, and service provision. Australia’s State and Territory Governments were among the pioneers of Public-Private Partnerships (PPPs), supported by sophisticated project finance arrangements. New Zealand is acknowledged as a leader in outcomes-focused infrastructure provision.
With vast distances between densifying population centres and strong population growth over recent decades, the infrastructure pipeline has grown substantially in scale and complexity. The brownfield pipeline has been supplemented by several waves of privatisation since the 1980s, which have seen AUD352 billion (USD260 billion) of primary asset sales in total (in real terms).
Objective information on upcoming project and investment opportunities in the region has historically been disparate, with differing data standards and procurement models by the Australian Federal, State and Territory, and New Zealand Governments.
Details of projects’ scope, funding, planning and approval arrangements have typically been opaque, given multiple layers of stakeholder governments for each project.
There is a lack of clear and objective project information in a credible, consolidated pipeline, compounded by separate jurisdictional processes across the region and raised barriers to market entry, undermining competition and adding to costs.
Disparate jurisdictions and information masked the overall size of the investment opportunity, depressing levels of interest from new market entrants.
ANZIP provides a transparent, detailed and independent snapshot of infrastructure investment, construction, operation, and privatisation opportunities, tracking infrastructure opportunities from announcement to completion, providing updates and objective analysis each step of the way.
The database underpinning ANZIP enables real-time analysis of market trends, with monthly analysis freely available to subscribers through Pipeline Reports.
In July 2021, ANZIP listed over 350 major projects, contracts and brownfield transactions valued at over AUD418 billion (USD308 billion). Of this, an estimated AUD344 billion (USD253 billion) of contracts and transactions were yet to be awarded.
Infrastructure Partnerships Australia – an industry think-tank and an executive member network – (developer, operator, and funder of ANZIP)
Australian Government through Austrade (seed funding)
New Zealand Government (seed funding).
2015 – Commitment to develop a joint Australia and New Zealand infrastructure pipeline
October 2016 – ANZIP launched
May 2021 – Major upgrade to ANZIP, providing deeper analysis of project data
October 2021 – Pipeline funding and labour demand visualisation tools launched.
Results / impact
ANZIP has supported an increase in the scale, depth and integration of the region’s infrastructure pipeline across ten major governments – moving Australia towards a common infrastructure market. This has attracted foreign capital, enhanced access for new entrants, and reduced barriers for the transfer of labour, expertise, and information by market participants.
Throughout the COVID-19 pandemic, real-time project data supported advice to industry and governments, enabling them to respond quickly to project delays and challenges in delivering the pipeline, while also informing reforms to accelerate stimulus spending.
Governments frequently use ANZIP to co-ordinate the procurement and delivery of contracts in sequence with those of other jurisdictions to optimise competition and ensure industry capacity.
Key lessons learnt
Despite the sophistication of individual governments, a lack of consistent information and accessible project data limits visibility and undermines value-for-money outcomes.
Moving towards a consolidated regional infrastructure pipeline benefits smaller and larger jurisdictions alike.
Data across a full regional pipeline is a powerful tool for engaging market participants and advising governments.