Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Joint Venture to Advance Marsden Point Link

27 November 2007

Joint Venture to be Formed to Advance Marsden Point Rail Link

ONTRACK and the Northland Regional Council will enter into a joint venture arrangement to progress the designation of land for a rail link between the existing North Auckland Line and Marsden Point, the two organisations confirmed today.

Northland Regional Council says the joint venture will share the costs of acquiring land for the rail link while rail infrastructure agency ONTRACK says it expects to file notice of designation before Christmas.

“There are some formalities to be completed but both parties agree that a joint venture is the best vehicle for progressing the project, which will be the first significant expansion of the rail network in the region in more than 50 years,” said ONTRACK Chairman Cam Moore.

“The progress made by Northland Regional Council on negotiating the purchase of the land that will be needed should allow us to file notice of designation before Christmas.”

Designation is a process that legally identifies land as being required for a project and safeguards the future availability of that land.

Northland Regional Council Chairman Mark Farnsworth said a four-person negotiating team had been working with about 20 Bream Bay property owners to secure the necessary land.

“We’re pleased with the way negotiations have gone,” he said. “The negotiators set out to protect the proposed route and provide certainty for the land owners involved.

“They sought to reach a fair and mutually satisfactory outcome based on buying only the relatively small amount of land needed and the land owners continuing to use the land until it is needed for the rail link.

“We’re now sufficiently well advanced to be able take the next step.”

The rail link route leaves the North Auckland Line at Oakleigh, approximately 15 kilometres south of Whangarei. It travels eastwards for approximately 16 kilometres to link with the new deep water port at Marsden Point.

Mr Moore said while designation is only the first step towards building of the rail link, it is a recognition that a strong case exists for its establishment.

“We’ve taken a long hard look at the case for the rail link and come to the conclusion that it stacks up. That’s why we’re backing it and associated projects like improving tunnel access for large containers.

“The joint venture will share the costs of land acquisition and purchase.”

However, building the line itself will cost in excess of $100 million and will need to be funded separately when – and if – the project proceeds, as would any improvements to the line south of Whangarei to enable hi-cube containers to negotiate tunnels, Mr Moore said.

Mr Farnsworth said developments in the shipping industry and Marsden Point’s advantages as a deep water port capable of accepting the largest ships provide a compelling argument for proceeding with the rail link.

“While we have growing volumes of goods that go through the port, the possibility of attracting container traffic from the south is very appealing.”

An $800,000 feasibility study completed in 2003 for the Northland Regional and Whangarei District Council found developing the link would provide a number of benefits including helping ease forestry-related traffic volumes and congestion problems on the region’s roads.


© Scoop Media

Business Headlines | Sci-Tech Headlines


RNZ: Porirua Most Expensive Region To Rent, According To Trade Me

A rental website shows this town is now New Zealand's most expensive region to rent a house, ahead of Wellington and Auckland cities. More>>


Stats NZ: Nearly 1,000 More Big Businesses Now Than Two Decades Ago – Media Release

There are now 2,690 big businesses in New Zealand employing more than 100 staff – nearly 1,000 or 58 percent more than 20 years ago, Stats NZ said today. Over the 20 years to February 2020, the total number of enterprises in New Zealand increased ... More>>


RNZ: Housing Boom Could Get Worse, Economist Warns

Economists are calling on the Reserve Bank to reinstate lending restrictions, warning the housing market is spiralling out of control. More>>


Westpac: Sets Out Plan To Go Cheque-Free

Westpac NZ has announced details of its plan to phase out cheques, after signalling in May that it would be supporting a move to other forms of payment. Cheques will cease to be available as a means of payment after 25 June 2021. Westpac NZ General ... More>>


NZTA: Major New Zealand Upgrade Programme Projects Go To Tender

Two major New Zealand Upgrade Programme projects are beginning tenders for construction. The New Zealand Upgrade Programme is a $6.8 billion investment to get our cities moving, to save lives and boost productivity in growth areas. The first Auckland ... More>>

Reserve Bank: RBNZ Seeks To Preserve Benefits Of Cash

The Reserve Bank – Te Pūtea Matua is taking on a new role of steward of the cash system “to preserve the benefits of cash for all who need them”, Assistant Governor Christian Hawkesby told the Royal Numismatics Society of New Zealand annual conference ... More>>


CERT NZ: Malicious Computer Virus Targeting New Zealanders

CERT NZ, the government agency which supports organisations and individuals affected by cyber security incidents, says a recent surge of increasingly sophisticated malware attacks is affecting everyday New Zealanders as well as large organisations. The ... More>>


Economy: NZ Small Business Recovery Continues In September

Xero, the global small business platform, today released its Small Business Insights (XSBI) for September revealing an uptick in small business jobs and year-on-year revenue growth in New Zealand. Nationwide, the average number of jobs in the small ... More>>


Courts: Businessman Eric Watson Sentenced To A Four-Month Jail Term

New Zealand businessman Eric Watson has been sentenced to a four-month jail term in the UK for contempt of court, TVNZ reports. More>>

OECD: Area Employment Rate Falls By 4.0 Percentage Points, To 64.6% In Second Quarter Of 2020

The OECD area employment rate – the share of the working-age population with jobs – fell by 4.0 percentage points, to 64.6%, in the second quarter of 2020, its lowest level since the fourth quarter of 2010. Across the OECD area, 560 million persons ... More>>

Spark: Turns On 5G In Auckland And Offers A Glimpse Into The Future Of Smart Cities

Spark turned on 5G in downtown Auckland today and has partnered with Auckland Transport (AT) to showcase some of the latest in IoT (Internet of Things) technology and demonstrate what the future could look like for Auckland’s CBD with the power of 5G. 5G is ... More>>

Stats NZ: Monthly Migration Remains Low

Since the border closed in late-March 2020, net migration has averaged about 300 a month, Stats NZ said today. In the five months from April to August 2020, overall net migration was provisionally estimated at 1,700. This was made up of a net gain ... More>>