Chaos as new ferries and harbour bill doubles from $1.5bn to $3bn, New Zealand government refuses to pay for Labour incompetence and KiwiRail cancels the ferries
From the NZ Herald today: The Government has declined KiwiRail’s request for an extra $1.47 billion for portside infrastructure needed for Cook Strait’s new mega-ferries. KiwiRail says it cannot proceed without further Government funding and its board will now oversee the wind-down of the project and review plans for the vital transport connection. The state-owned enterprise was replacing its increasingly unreliable and ageing Interislander fleet of three ferries with two new rail-enabled ferries under the Inter-island Resilience Connection project (iReX). The stakes were high after Kaitaki narrowly avoided disaster this year when it lost power in the middle of Cook Strait with 864 … Continue reading Chaos as new ferries and harbour bill doubles from $1.5bn to $3bn, New Zealand government refuses to pay for Labour incompetence and KiwiRail cancels the ferries
