It suggests regional councillors be retained until the end of this term.
It is unclear whether investors will come back when ban on offshore oil and gas exploration is removed by new coalition Government.
Whatever it does, a big increase in investment is needed to fix the infrastructure.
Simon Bridges says there is a sense of momentum in the lead-up to Christmas.
But setting up new Ministry of Regulation will take several months at least.
Compromises appear to have been made to accommodate all parties in the Cabinet.
Tax cuts will come into effect next July as income tax thresholds rise.
The new Government has been announced, with the 20-strong Cabinet having 14 National ministers and three each from Act and New Zealand First.
Respective parties are ratifying the coalition agreements this evening.
Local councils have been marginalised by successive governments, but some policies could work, says infrastructure lobby group.