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Auckland TODAY

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Treasury officials working on plan to fund Government's multi-billion mass transit vision

https://www.nzherald.co.nz/nz/treasury-officials-working-on-plan-to-fund-governments-multi-billion-mass-transit-vision/2GEXDE5X6L242LQHZWYSYCDCGQ/

By Georgina Campbell

Transport Minister Michael Wood. Photo / Georgina Campbell

Treasury officials will report back to Cabinet early next year with a plan to fund billions of dollars' worth of mass rapid transit across the country's three biggest cities.

Light rail in Auckland is estimated to cost $14.6 billion, while plans for a second harbour crossing have been brought forward with public consultation on options starting this year and a preferred option selected in 2023.

Although the Government hasn't approved a mass rapid transit (MRT) solution in Christchurch, work is "underway" and the development of a network for the city was in Labour's 2020 manifesto.

In Wellington, ministers announced their preferred option for the $7.4b transport plan Let's Get Wellington Moving (LGWM) in June.
NZHerald紙

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