this post was submitted on 02 Feb 2024

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$228m without a metre of track, now Auckland Light Rail disestablishment to cost millions more (www.newstalkzb.co.nz)

submitted 9 months ago by absGeekNZ to c/newzealand

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Terrible both in scraping the project and how nothing has been done for a quarter billion

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[–] Dave 4 points 9 months ago

The government has good reason to talk up the price of the project to date, but if they sell the land bought then there's a good chance of recouping a lot of that $250 million. Depending on the timing of buying the land, they might get more than $250 million for selling it 😆