The New Zealand government announced the allocation of two billion dollars for the development and improvement of the country's railway system. This project has been named the most significant in the category of infrastructure investments in the last decade.
The Prime Minister of New Zealand noted that the railway industry is a key element of the country's economy, which needs substantial investment for renewal. This funding will go towards improving transit, stations, and infrastructure as a whole.
"Our government takes responsibility for creating a sustainable railway system capable of ensuring the transportation of people and freight in a more environmentally clean and effective manner," the Prime Minister emphasized.
This project will also create new jobs and foster economic development in the country, improving infrastructure and living conditions for citizens.