Showing 4 of 4 articles
The Government has extended KiwiRail’s lease of railway land by 100 years, unlocking the commercial potential of billions of dollars in Crown property, Rail Minister Winston Peters says. “New Zealanders have invested in their railway estate for generations, and we must make those assets work harder for taxpayers,” Mr Peters says. “Across the country, valuable railway land sits vacant or underused.
Land has been secured on Karaka Road in Drury for a future hospital facility to address South Auckland’s rapidly growing healthcare needs, with the 13-hectare site offering excellent transport links and proximity to Fisher & Paykel Healthcare’s R&D precinct. The $45.3 million purchase aims to provide space for modern, accessible health infrastructure that supports quality services and fosters innovation in the region. The Government, through NIFCO and Health New Zealand, will plan and potentially develop a major hospital, ensuring long-term investment and flexibility to meet future healthcare demands.
The NZ Transport Agency has approved $2.7 million funding for a new Wakefield Street railway overbridge in Whanganui East to replace the unsafe 70-year-old timber bridge closed in January 2025. The new bridge, funded 62% by NZTA and the remainder by Whanganui District Council, will restore a vital local connection, support heavier vehicles, and improve transport resilience. Construction is set to begin later this year and finish by mid-2027, enhancing safety and efficiency for residents and businesses.
The 2024/25-2026/27 Rail Network Investment Programme, led by Rail Minister Winston Peters, allocates $1.360 billion over three years for infrastructure projects benefiting provincial New Zealand. The focus is on rebuilding railways to enhance economic efficiency and connectivity, with detailed regional summaries outlining extensive track maintenance and upgrades across the country. The investment includes new train control centers, wagons, locomotives, and ferries, emphasizing the importance of ongoing infrastructure maintenance and renewal to support a thriving rail network.