Auckland light rail had positive benefit-cost ratio, investor interest

As envisaged by ALR, the light rail project would have been more like a metro system: fully grade separated and automated. (Image: ALR)

Oliver Lewis

Fri, 02 Feb 2024

The cancelled Auckland light rail project reportedly had a benefit-cost ratio of 2.4, meaning it would have returned $2.40 in benefits for every $1 invested.Crown entity company Auckland Light Rail (ALR) included the figure in its briefing to incoming transport minister Simeon Brown in December.The document was publicly released Friday and provided some of the first high-level details from work undertaken by the company to develop a detailed business case – made up of multiple streams, including the economic, strategic and urban commercia...

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