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Fast Track to rail electrification? |
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Written by Administrator
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Wednesday, 12 November 2008 |
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The change in government may herald some fast tracking to desparately needed rail electrification with ARC ready to order 35 electric trains. There are also expectations that work on the ring road route from Auckland South out to West Auckland might move forward more quickly. This infrastruture will be met by a regional fuel tax of 2c a litre from next July rising to 9.5c a litre by 2011.
Auckland City Mayor John Banks says government needed to have a greater focus on big projects requiring $1 billion of investment every year for the next 20 years. He signalled an intention to push for a $1 billion-plus underground city rail loop. It would be great for PRT to get on the agenda for his upcoming local economic summit.
Read the NZ Herald article here
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