Articles tagged with Rail

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Northland's Economic Future: Major Developments and Opportunities Unveiled

Rail Minister Winston Peters and Regional Development Minister Shane Jones highlight significant developments in Northland's economic future, including Marsden Point's role as an energy and economic powerhouse. Projects such as a refurbished tank for supplying jet fuel to Auckland Airport and a commercial dry dock aim to boost job creation and international trade. Plans for a Regional Infrastructure Fund part-funded drydock at Northport and the potential use of special economic zones to attract investment demonstrate a focus on enhancing New Zealand's economic growth and resilience.

Boosting Northland's Economic Relevance: New Rail Link, Dry Dock, and Special Economic Zones Announcement

The address at Marsden Point highlighted plans for a new rail link, development of a dry dock, and potential for 'special economic zones' to boost Northland's economic relevance to New Zealand. The focus was on the importance of trade for New Zealand's economy, with discussions on the need for a second major port due to capacity constraints at existing ports like Tauranga and Auckland. The address also emphasized the significance of energy security, job creation, and export growth through initiatives like the Marsden Point Rail Link and the proposed Special Economic Zones legislation.

New Cycle Bridge Boosts West Coast Wilderness Trail, Boosting Local Economy

A new cycle bridge on the West Coast Wilderness Cycle Trail will bring more visitors to the region and boost the local economy. “I’m thrilled to be supporting the construction of the Totara River Rail Bridge, ensuring visitors can once again ride this popular trail from start to finish,” Tourism and Hospitality Minister Louise Upston says. “The West Coast Wilderness Cycle Trail is one of our Great Rides and attracts both international and domestic visitors alike, showcasing the stunning scenery of the West Coast.

Scott O’Donnell Joins KiwiRail Board to Enhance Freight Expertise and Drive Growth Strategies

The appointment of Scott O’Donnell to the KiwiRail board will bolster its freight expertise Minister for Rail Winston Peters says. “Railways have no shortage of potential for New Zealand, and we expect to see sustained growth in earnings, revenue, volumes, reliability, and safety to turn this business into something great. ” Mr O’Donnell is a current director of HW Richardson Group and was its managing director from 2006 to 2015.

Ferry Holdings Announces Infrastructure Agreements with Ports and KiwiRail for Arrival of New Ferries by 2029

Ferry Holdings has reached agreement with CentrePort, Port Marlborough and KiwiRail on core infrastructure scope, Rail Minister Winston Peters announced today. The agreements set out the scope of physical work and equipment to be delivered by 2029 when two new ferries arrive, with port and KiwiRail agreements to be entered later this year to confirm the investment splits between Ferry Holdings and each other company and other commercial terms. “This is not our first regatta, as this no-nonsense infrastructure focus is what was supposed to happen in 2020 until poor management and a lack of oversight allowed iReX to blow out.

Government Mandates Greater Housing Development Around Auckland's City Rail Link Stations for Economic Growth

The Government will require Auckland to allow even greater housing and development around City Rail Link stations, ensuring that Auckland takes economic advantage of this transformational investment in the city, Housing Minister Chris Bishop and Auckland Minister Simeon Brown say. “CRL is a massive multi-billion dollar investment for the Government and Auckland Council. It’s important that we get ‘bang for buck’ by maximising the opportunities for economic growth and increased productivity that the CRL will bring when it opens next year,” Minister Bishop says.