RESEND: Twyford's choice: NZTA or Super Fund for Auckland light rail

Thu, 22 Aug 2019

(Resend for customers who missed delivery) By Paul McBeth Aug. 22 (BusinessDesk) - Transport Minister Phil Twyford will decide early next year whether to use traditional government procurement to build a light rail network in Auckland, or bypass those processes with a New Zealand Superannuation Fund joint venture. The New Zealand Transport Agency had been running a procurement process during the past year to consider possible options when the NZ Super Fund and Canadian fund manager CDPQ Infra lobbed in an unsolicited bid to build and...

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