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Queenstown Cable Car Project Secures $265M Funding via Active Investor Plus Visa

06 Oct 2026, 11:58 AM | 3 days ago | 77 views

The Queenstown Cable Car project by Southern Infrastructure Limited has secured an initial $265 million private lending agreement with Private Capital Group, funded partly through the Government’s Active Investor Plus visa program. This cable car aims to connect key areas in Queenstown, providing a rapid public transport solution to alleviate road congestion amid the region’s rapid growth. The project exemplifies the government’s strategy to attract international investment for infrastructure development, leveraging private capital and innovative funding to address New Zealand’s infrastructure challenges.

Tags: Queenstown Cable Car Southern Infrastructure Limited Chris Bishop Erica Stanford Private Capital Group Active Investor Plus visa New Zealand infrastructure Government funding Queenstown transport immigration investment