"Investing in rail
Rail has huge benefits for New Zealanders' wellbeing, including unlocking regional economic growth, reducing emissions and traffic congestion and preventing deaths and injuries on our roads. The Coalition Government is revitalising rail, with a substantial investment in KiwiRail, regional rail and the Auckland City Rail Link.
Budget 2019 and the Provincial Growth Fund (PGF) provide $1 billion to support the redevelopment of KiwiRail. This includes $375 million for new wagons and locomotives, $331 million to invest in track and other supporting infrastructure and $35 million to begin the process of replacing current ferries that are nearing the end of their lives."
https://budget.govt.nz/budget/2019/well ... hQK08op8S0" onclick="window.open(this.href);return false;
This has been rumoured to be coming , but I was expecting about 1/2 this. Vey good news indeed, especially from a government under pressure to provide social spending, and produce a surplus, or at least balance the books.
Rail has huge benefits for New Zealanders' wellbeing, including unlocking regional economic growth, reducing emissions and traffic congestion and preventing deaths and injuries on our roads. The Coalition Government is revitalising rail, with a substantial investment in KiwiRail, regional rail and the Auckland City Rail Link.
Budget 2019 and the Provincial Growth Fund (PGF) provide $1 billion to support the redevelopment of KiwiRail. This includes $375 million for new wagons and locomotives, $331 million to invest in track and other supporting infrastructure and $35 million to begin the process of replacing current ferries that are nearing the end of their lives."
https://budget.govt.nz/budget/2019/well ... hQK08op8S0" onclick="window.open(this.href);return false;
This has been rumoured to be coming , but I was expecting about 1/2 this. Vey good news indeed, especially from a government under pressure to provide social spending, and produce a surplus, or at least balance the books.
Moderator worldwide railfan , Rail travel & trip reports
The only train trips I regret are the ones I didn't take.
The only train trips I regret are the ones I didn't take.