Transdev derailed: Auckland's new train operator

Transdev derailed: Auckland's new train operator
Britomart train station, Auckland. (Image: Jacques Steenkamp)
Brent Melville
Auckland Transport has awarded a $1.04 billion contract to a joint Singaporean/Australian venture to run Auckland’s expanding passenger rail line.The venture, Auckland One Rail (AOR) will be paid $130 million a year for the first eight years to operate the line, with an option to extend for another five years.AOR is a joint venture between Singaporean based ComfortDelGro Transit and Sydney’s UGL, owned by the giant Australian CIMIC group.In winning the contract, the bidders also managed to derail their competition, led by Transdev A...

More Transport

Opening day congestion for untolled Penlink highway – NZTA
Infrastructure

Opening day congestion for untolled Penlink highway – NZTA

The road should be redesigned if the Government chooses not to toll, agency said.

Oliver Lewis 26 Jul 2024
Mainfreight looks to Oz as profit falls
Markets

Mainfreight looks to Oz as profit falls

Mainfreight expects Australia to become its biggest profit earner, the global logistics company has told shareholders at their annual meeting.The NZX-listed company said group profit before tax at $83.1 million had dipped 11.2% in the 15 weeks from April 1 to July 14 compared to...

Staff reporters 25 Jul 2024
Government firms up funding for rail programme
News in Brief

Government firms up funding for rail programme

The money will buy 72 new cars and double peak-service capacity. 

Tom Raynel 25 Jul 2024
Govt agrees 'in principle' to $10b worth of Northland roading PPPs
Infrastructure

Govt agrees 'in principle' to $10b worth of Northland roading PPPs

The Northland expressway project could be one of the first PPPs out of the gate.

Dileepa Fonseka 23 Jul 2024