KiwiRail says the 2024 Budget’s $159 million allocation to complete Auckland’s rail network rebuild will enable it to improve the condition of the network and “help ensure reliable trains for commuters”.
$107m was also allocated in the Budget to overdue track renewals in Auckland and Wellington and assistance covering local council contributions, said the national rail operator, a state-owned enterprise.
The Government’s Budget invested a total of $466m in rail.
KiwiRail chief executive Peter Reidy said the allocation highlighted a commitment to reliable public transport in Auckland and Wellington and supporting export growth nationally.
