Government laying down tracks for the future
Investment in rail infrastructure in the Wellbeing Budget will make trains more reliable and cut down on maintenance time and costs, rail ministers announced on 25 June.
KiwiRail will kick off the process of getting more than 100 new locomotives and 900 new container wagons, replacing and repurposing old and outdated stock, as part of the Wellbeing Budget’s $1 billion investment in making sure New Zealand has a reliable and sustainable rail network.
Deputy Prime Minister Winston Peters, Finance Minister Grant Robertson, Transport Minster Phil Twyford and Associate Transport Minister Shane Jones announced more details on the boost to rail.
Winston Peters says after too many years of decline, it’s time rail got back on track.
“We’re addressing the last three decades of under-investment in our rail system, and enabling growth that will ensure rail is sustainable.