New Zealand will Make Investment for Rail Services

New Zealand will Make Investment for Rail Services
May 8, 2008 12:10 am

The New Zealand Government has announced plans to invest hundreds of millions of dollars into modernising its rail service, according to local reports.

The government is set to buy Toll Holding’s rail and ferry business followed by ongoing investment to improve rail link-ups with major ports to reduce road freight, Finance Minister Michael Cullen announced. is a railway information and news platform. Website presents from all around the world railway sector news, developments, projects and tender for the sector specialists. Railwaynews supports to industry events and announced them for potential participants. Railwaynews plans to collecting data from all around the world, about railway infrastructure, rolling stock, railway transportation datum, geographical datum to present for railway professionals for short term. Railwaynews will build new platforms aims to high value railway business environment for all railway specialists, railway fans and especially railway suppliers and their decision makers. Railwaynews presents whole information from rail professionals to rail professionals.

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