Transport Minister Simeon Brown has confirmed targeted investment of more than $2 billion over the next three years for
public transport projects and services, as part of the draft Government Policy Statement (GPS) on Land Transport.
“Delivering reliable, effective, and efficient public transport is a priority for the Coalition Government. The draft
GPS commits up to $2.3 billion for public transport services and $2.1 billion for public transport infrastructure over
the next three years, giving Kiwis more travel choice, reducing travel times, congestion, and emissions in our major
cities,” Mr Brown says.
“In Auckland, the key focus will be completing the City Rail Link and the Eastern Busway, to support unlocking housing
and economic growth. Alongside this work, planning will also be undertaken in the next three years for the delivery of
the Northwest Rapid Transit Corridor and the Airport to Botany Busway.
“In Wellington, we will continue to deliver the Lower North Island Rail Integrated Mobility (LNIRIM) project, to upgrade
rail network substations, and replace rolling stock for the Wairarapa and Manawatu lines. We will also support
acceleration of the North-South, East-West, and Harbour Quays’ bus corridors.
The Government will be prioritising practical, achievable, transport projects that deliver reliability to commuters,
benefit businesses, and support economic growth. Projects must also demonstrate value for money.
“While there has been a 71 percent increase in funding for public transport over the past five years, patronage has
decreased by 23 percent. This has partly been caused by COVID-19 restrictions, but numbers have not increased back to
pre-COVID levels.
“The private share of funding for public transport over the same period has also fallen from approximately 32 percent to
11 percent which is putting significant funding pressure on local councils and the NLTF.
“I expect the NZ Transport Agency to consider different ways of funding and delivering major transport projects. This
includes ‘Build, Own, Operate, Transfer’ equity finance schemes, and value capture. Ensuring local government pays their
fair share, funding should also be supplemented by increased public transport fare-box recovery and third-party revenue.
“I invite local government, the transport sector, community groups, and the wider public to have their say on the draft
GPS. Projects and funding commitments will be confirmed through the National Land Transport Programme (NLTP) later this
year.”
The draft Government Policy Statement on Land Transport (GPS) document is available at www.transport.govt.nz.
Consultation closes on 2 April 2024.