A billion dollars for KiwiRail

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John Ashworth
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A billion dollars for KiwiRail

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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.

$300 million is also being provided from the PGF for investment in regional rail initiatives...
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