Asia Pacific Infrastructure: June - July 2021

Page 20

June - July 2021

Billions poured into rail revival

TRANSPORT

The Government has committed $1.3b for rail in Budget 2021, building on previous Budget investments of $1.2b in 2020 and $1b in 2019, but where is all the money going?

Budget breakdown Budget 2021’s $1.3 billion for rail includes: • $722.7 million to continue the commitment to replace locomotives and wagons • $449.9 million to support investment in track and supporting infrastructure • $87.3 million to support essential maintenance of KiwiRail’s existing assets such as locomotives, wagons, ferries, and IT • $85 million to develop domestic rail workshops at Hillside in Dunedin. This builds on the Government’s revitalisation of rail, which has included: • Re-opening the Wairoa to Napier line • Building a third main line in Auckland (Wiri to Quay Park) • Extending electrification from Papakura to Pukekohe • Future rail stations at Drury to support housing development • Future-proofing Auckland’s City Rail Link • Bringing the rail line north of Auckland back up to scratch to help move freight • Getting 15 new electric trains onto Auckland’s growing network • Starting Te Huia – the Waikato to Auckland commuter service • Starting work towards a Palmerston North Regional Economic Growth Hub • Double tracking the rail line between Trentham and Upper Hutt • Saving the Wairarapa line from deteriorating with critical maintenance work • Bringing in new wagons and trains to replace aging assets.

20 infrastructurenews.co.nz

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his is an outstanding level of investment from the Government which is truly revitalising rail, KiwiRail Chief Executive Greg Miller says. The Government says it is delivering on its commitment to invest in rail and develop domestic rail workshops to create jobs as part of the COVID-19 economic recovery plan. “Investing in critical infrastructure to boost jobs and the economy is a key part of the Government’s recovery plan,” says Transport Minister Michael Wood. Miller says KiwiRail has already replaced its aging North Island locomotive fleet, and this latest tranche of funding will fully cover the cost of purchasing new electric shunt locomotives


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