NZ Transport Agency confirms funding for Te Huia
The NZ Transport Agency Waka Kotahi board has this week confirmed co-investment arrangements for regional commuter train Te Huia, says Chief Executive Nicole Rosie.
NZTA will continue to co-invest in the Te Huia service between Hamilton and Auckland, with approximately $12.2m committed from the 2024/27 National Land Transport Fund (NLTF) for the remaining 2 years of the 5-year trial. This is a progressive reduction of the share that NZTA funds for the operation of the service.
Nicole Rosie says that funding pressure for land transport and a new draft Government Policy Statement on Land Transport (GPS) which outlines new priorities for NZTA, means on-going co-investment in these services had to be carefully considered.
“The draft GPS continues to prioritise effective public transport to provide commuters with more choice and to help to reduce travel times, congestion, and emissions. There is a need to link ongoing investment to service and commercial performance to make sure taxpayers’ money is being used in the best way,” says Nicole Rosie.
https://www.nzta.govt.nz/media-releases/nz-transport-agency-confirms-funding-for-te-huia/
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