Establishment of City Rail Link Limited
Hon Steven Joyce
Minister of Finance
Hon Simon
Bridges
Minister of Transport
30 June 2017
Media Statement
Establishment of City Rail Link Limited
Finance Minister Steven Joyce and Transport Minister Simon Bridges have today signed the agreements with Auckland Mayor Phil Goff that establish City Rail Link Limited to assume responsibility from tomorrow for delivering Auckland’s City Rail Link, marking the next step in transforming Auckland’s public transport.
“City Rail Link Limited (CRLL) is a new company owned jointly by central and local Government, with the sole and express responsibility of successfully delivering the game-changing City Rail Link (CRL) project,” Mr Joyce says.
“This is a complex and critical piece of infrastructure that will unlock major development opportunities across central Auckland”, Mr Joyce says, “It is crucial we have a single joint entity running the project solely focussed on delivering a high-quality result for the city while effectively managing the investment of both the Crown and Auckland Council.”
“This is a massive public transport project to deliver New Zealand’s first underground rail system. I want to congratulate the project team that has successfully managed the CRL project to date, and supported the transition to CRLL,” Mr Bridges says.
“Today’s signing is the next milestone in this important addition to Auckland’s public transport system. Auckland’s population predicted to grow by more than 700,000 people over the next 30 years, the CRL will play an important role in getting people in and out of the city with ease.
“Once complete, the CRL will fundamentally change the way people get around central Auckland and demonstrates the Government’s is commitment to Auckland and its Public Transport systems.
“CRL is Auckland’s top new transport priority. It will double the capacity of the whole existing rail network and provide significant travel time savings for commuters,” Mr Bridges says.
“The Crown and Auckland Council have signed agreements transferring the project to CRLL, formalising their partnership to jointly fund and oversee it through to completion,” Mr Joyce says.
“Under the leadership of Sir Brian Roche as Chair, CRLL will drive delivery of this complex project.”
Once complete, the CRL will be one of New Zealand’s largest-ever transport projects. The 3.4 kilometre double-track underground rail line will run from Britomart station in downtown Auckland through the CBD to connect with the existing western line at Mt Eden station.
ends