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The bulk of the investment will be spent on improvements to the Auckland rail network. Specifically, four rail schemes have been identified:
Ardern says the infrastructure programme is a once in a lifetime opportunity to invest in New Zealand to modernise infrastructure, prepare for climate change and help economic growth.
“The previous government announced a number of projects, but never funded them,” Ardern says. “It makes sense to do this now because we’ve managed the books wisely and have historically low interest rates, which makes our programme affordable.”
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