The Crown Financial Institution would combine several entities into a single umbrella agency, which would act as a "careful steward" over infrastructure and provide clear lines of accountability, the party says.
"The National Infrastructure Bank will need to see that infrastructure proposals are robust, something that hasn't been the case for shovel-ready projects, the Provincial Growth Fund, KiwiBuild or light rail," Collins said.
"National's approach will lift the quality of government spending and shift risk from the Crown to the private sector."