New Zealand government to invest $436 million in Auckland City Rail Link
Posted: 5 June 2017 | Intelligent Transport | 2 comments
In New Zealand’s government budget 2017, $436 million will be provided for Auckland’s City Rail Link (CRL).
An artist's impression of Aotea station
In New Zealand’s government budget 2017, $436 million of new capital will be provided for Auckland’s City Rail Link (CRL), as the first tranche of the government’s investment in this critical transport project for Auckland.
Funded by Auckland Council and the government, the City Rail Link (CRL) is a new underground rail line linking Britomart and the city centre with the existing western line near Mount Eden. It is estimated to take five-and-a-half years to build.
As part of the project, two new underground stations will be built at Aotea (at an 11m depth) and Karangahape Road (at a 33m depth), as well a redevelopment of Mount Eden station.
“CRL is Auckland’s top new transport priority”
“The government announced in 2016 that it would support accelerating the delivery of the CRL to help address Auckland’s transport needs by committing to fund half of the expected $2.8 billion to $3.4 billion cost,” said Transport Minister Simon Bridges. “CRL is Auckland’s top new transport priority. It will double the capacity of the existing rail network and cut travel time for commuters. The CRL is already bringing economic benefits to Auckland and New Zealand creating hundreds of jobs during construction.”
Once complete, the CRL will be one of New Zealand’s largest-ever transport projects.
The government and Auckland Council are now finalising the necessary funding and governance arrangements that will accompany both parties’ significant investment, including setting up an independent company to deliver the project. Further announcements on the details of these arrangements will be made in the coming months.
The government’s investment in the CRL will be provided progressively through budgets 2017 to 2020.