An Infrastructure News article.
Rail will now be funded from the National Land Transport Fund, the same pot used for road infrastructure and paid for by road taxes.
Rail provides $1.7 billion to $2.1 billion in value to New Zealand each year, according to an Ernst and Young report. The report shows that commuter rail saves 26 million car trips in Auckland and Wellington each year. Rail freight keeps 24,000 trucks off New Zealand’s roads and reduces transport CO2 emissions by around 2.5 million tonnes each year.
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