KiwiRail Invests $37.5M in Picton Rail Yard Upgrades and Auto-Mooring Tech
KiwiRail will invest up to $37.5 million in Picton rail yard upgrades and auto-mooring technology for the New Ferries project, with no additional cost to taxpayers beyond the $1.7 billion allocation. The investment, approved by Rail Minister Winston Peters, aims to improve rail operations and enhance ship berthing efficiency without delaying the overall project timeline. This initiative reflects disciplined scope control and confidence in KiwiRail as the long-term Interislander operator.