by jarbury » Tue Oct 26, 2010 7:52 pm
If we look at the $1.6 billion being spent on rail in Auckland, that can be broken down into three projects:
1) the $600 million Project DART. Funded in the 2006 budget.
2) the $500 million for electrification infrastructure. Funded in the 2007 budget
3) the $500 million for electric trains - only "lent" to KiwiRail, with questions as to how this will eventually be paid back still unresolved.
So I'm really not sure what money this government has actually spent on PT in Auckland.
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