Economy

Northland rail upgrade a strategic, not commercial investment - Aecom

Gavin Evans
Sun, 19 May 2019

By Gavin Evans May 20 (BusinessDesk) - Building a new rail link to Marsden Point and upgrading the existing Northland line could bring forward Northport’s development as a major freight handler for Auckland and help boost the broader regional economy, an economic analysis says. But the government, possibly with other funders, would have to be prepared to take on that strategic risk on a $700 million-plus investment that otherwise doesn’t stack up commercially, or on wider public benefit grounds, consulting engineers Aecom say in a report...

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