Regional rail funding announcement imminent as 'wall of wood' grows

Tue, 20 Feb 2018

By Pattrick Smellie Feb. 21 (BusinessDesk) - Extra funding to bring the Napier-Wairoa railway line back into full-time service appears imminent, given signals yesterday from KiwiRail chief executive Peter Reidy and the announcement on Friday of the first projects to get support from the government's $1 billion a year regional development fund. Regional Development Minister Shane Jones is expected to announce around $70 million worth of project funding at an event in Gisborne, with rail and other infrastructure expected to be part of the m...

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