Articles tagged with Holdings
Fast-track Approval for $1.45B Drury Metropolitan Centre Development in Auckland
2 days ago | 66 viewsInfrastructure Minister Chris Bishop has welcomed the Fast-track approval of the Drury Metropolitan Centre development project in Auckland, projected to inject over $1.45 billion into the economy and create 3,420 full-time jobs. The project includes residential, commercial, and community spaces, with significant government investments in infrastructure like new train stations and road upgrades in the area. The Fast-track process aims to address infrastructure deficits, boost housing supply, create jobs, and improve the efficiency of project approvals through the Fast-track Approvals Amendment Bill.
Tags: Chris Bishop Auckland Drury Metropolitan Centre Kiwi Property Holdings infrastructure expert panel major metropolitan development project residential commercial.New Zealand Government Secures Guangzhou Shipyard for Two Ferry Builds
3 weeks ago | 136 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 iReXNew Ferries Secured for Next 30 Years by Ferry Holdings: Design and Delivery Details
2 months ago | 289 viewsFerry Holdings has secured a preferred shipbuilder for two new ferries to serve passengers, road, and rail for the next 30 years, with a fixed price and completion in 2029. Rail Minister Winston Peters praised the swift procurement process and highlighted the importance of the letter of intent signed for technical negotiations. The new ferries will have specific dimensions, capacities, power, and safety features to ensure efficient and environmentally friendly transportation across the Cook Strait for the next three decades.
Tags: Ferry Holdings Winston Peters Rail Minister ship builder shipyards procurement process ship specification shipyard Cook Strait TasmaniaKiwiRail & Hyundai Mipo Dockyard Settle Project iReX Dispute for $144M
2 months ago | 352 viewsKiwiRail and Hyundai Mipo Dockyard have settled on a $144 million payment to cover costs incurred from the cancelled Project iReX ferries, with KiwiRail emphasizing the decision was not a reflection on Hyundai. The settlement frees up more funding for other Government projects, debunking claims that canceling the contract would cost taxpayers the full $551 million contract value. The settlement marks the end of mismanagement by the previous government, which failed to consider necessary port infrastructure, resulting in a near quadrupling of project costs before its cancellation in December 2023.
Tags: KiwiRail Hyundai Mipo Dockyard Mr Peters RNZ The Post Tangi Utikere Nicola Willis Ferry Holdings Picton WellingtonFerry Holdings Announces Infrastructure Agreements with Ports and KiwiRail for Arrival of New Ferries by 2029
4 months ago | 1034 viewsFerry 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.
Tags: Centreport Dublin street Ferry holdings Holdings Kiwirail Marlborough Port marlborough Wellington Winston petersInvestment Summit drives strong bids for Northland Expressway
4 months ago | 1112 viewsThe positive impact of the Government’s Infrastructure Investment Summit earlier this year is beginning to show, following the shortlisting of three consortia for the Warkworth to Te Hana section of the Northland Expressway, Infrastructure and Transport Minister Chris Bishop says. “The Investment Summit, which took place in Auckland in March 2025, attracted international and local companies which collectively manage over $6 trillion in capital,” Mr Bishop says. “Ministers’ presentations at the Summit left the investors in no doubt that New Zealand is serious about attracting investment into the big infrastructure projects our country needs.
Tags: Acciona cons s And transport Auckland Chris bishop Construction Construction limited together Dome valley Engineering Express For proposals Grandjet Highways Holdings Infrastructure Infrastructure investment summit Investment summit Limited New zealand Northland expressway Northway