The New Zealand government cabinet has agreed to end the twin-track Auckland Light Rail PPP project and refer the project to the Ministry of Transport for further work. Despite extensive cross-party consultation, Government parties were unable to reach agreement on a preferred proposal. The future of the project will now be decided by the government following September’s general election.
In the tendering process, two proposals were received from NZ Infra (a joint venture of NZ Superannuation Fund and Canadian institutional investors CDPQ Infra) and Waka Kotahi NZ Transport Agency.
The Ministry of Transport and the Treasury will work with both Auckland Council and Auckland Transport, as well as other agencies, to prepare options for the new government to consider.