Articles tagged with Guangzhou
Government Saves $2.3 Billion with New Interislander Ferries and Infrastructure
1 hour ago | 34 viewsThe Government has secured two new Interislander ferries from Guangzhou Shipyard International under a $596 million fixed-price contract, with the total program costing less than $2 billion and saving taxpayers $2.3 billion by cutting expensive consultancy and excessive infrastructure. Funding for the infrastructure will be recovered through port fees and Interislander is expected to build reserves for future ferry replacements, operating like a normal business. The project is managed by Ferry Holdings with support from CentrePort, Port Marlborough, and KiwiRail, emphasizing fiscal discipline and minimizing disruption, while also strengthening economic ties with China.
Tags: Winston Peters Guangzhou Shipyard International Ferry Holdings CentrePort Port Marlborough KiwiRail Interislander Bluebridge Rail Minister Cook StraitNZ Foreign Minister Winston Peters to Visit Vietnam, Thailand, and China Next Week
1 hour ago | 31 viewsMinister Winston Peters will visit Viet Nam, Thailand, and China next week to strengthen New Zealand's key relationships in Southeast Asia and discuss regional challenges with senior leaders. He will also attend an event in Guangzhou marking New Zealand’s purchase of two interisland ferries, highlighting the strong trade ties with China. This visit underscores the Coalition Government’s commitment to maintaining and enhancing mutually beneficial cooperation with both Southeast Asia and China.
Tags: Winston Peters New Zealand Viet Nam Thailand China Southeast Asia Guangzhou Ha Noi Bangkok Coalition GovernmentNew Zealand Government Secures Guangzhou Shipyard for Two Ferry Builds
1 month ago | 154 viewsThe Government has selected Guangzhou Shipyard International to build two new ferries through Ferry Holdings Limited. Rail Minister Winston Peters highlighted GSI's expertise and capabilities as a leading shipbuilding enterprise in Southern China. Negotiations are ongoing, with details to be disclosed upon completion, including agreements with CentrePort Limited and Port Marlborough New Zealand Limited, aiming for completion in 2029 with cost-effective solutions to benefit New Zealand taxpayers.
Tags: Government Ferry Holdings Limited Guangzhou Shipyard International Rail Minister Winston Peters GSI New Zealand taxpayers ferry replacement programme CentrePort Limited Port Marlborough New Zealand Limited project iReX