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KiwiRail Invests $37.5M in Picton Rail Yard Upgrades and Auto-Mooring Tech

16 Oct 2026, 1:07 PM | 1 hour ago | 19 views

KiwiRail will invest up to $37.5 million in Picton rail yard upgrades and auto-mooring technology for the New Ferries project, with no additional cost to taxpayers beyond the $1.7 billion allocation. The investment, approved by Rail Minister Winston Peters, aims to improve rail operations and enhance ship berthing efficiency without delaying the overall project timeline. This initiative reflects disciplined scope control and confidence in KiwiRail as the long-term Interislander operator.

Tags: KiwiRail Picton Rail Minister Winston Peters New Ferries project Interislander Wellington Dublin Street overbridge New Zealand government