New Zealand will Make Investment for Rail Services

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

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