Auckland Council approves $331m additional funding for City Rail Link project

WCN Editorial Team 3 May 2019 OCEANIA TRANSPORT INFRASTRUCTURE

Auckland Council Governing Body has approved an additional funding of NZ$500m ($331m) for the City Rail Link project.

Few weeks ago, the project’s estimated cost went up by NZ$1bn ($662m) and the total estimate reached NZ$4.4bn ($3bn). Auckland Council and the central Government had earlier agreed to invest equally in the project.

With the latest announcement, Auckland Council has agreed to take up its share of the rise in the extra costs.

Auckland Mayor Phil Goff said: “This project is critical to the future of this city. More than $700 million has already been invested in the first two stages of the tunnel. Without the CRL, Auckland will hit gridlock and the city will grind to a halt.

“The CRL is the biggest investment Council is making in transport infrastructure in the next few years. Securing additional funding ensures it will be future-proofed for growth.

“The additional cost to Council will not involve higher rates for Aucklanders and it will be met without breaching the debt to revenue limit on Council borrowing.

“The cost of the tunnels and underground stations, two of the biggest parts of the project, was determined by a competitive tender process. The increased cost estimate reflects the increase in demand and costs for major construction projects across Australasia.”

The City Rail Link (CRL) is presently underway as NZ$700m ($463.2m) had already been invested in the project. The project includes construction of a 3.5km long double-track rail tunnel underneath Auckland's city centre, between Britomart Transport Centre and Mount Eden Railway Station.

Two new underground stations will be built to serve the Aotea Station near Aotea Square and Karangahape Station near Karangahape Road.

Britomart is expected to be converted from a terminus station into a through station and Mount Eden Station is expected to be rebuilt completely, with four platforms to serve as interchange between the new CRL line and the existing Western Line. The project is expected to be completed in 2024.

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Image: Auckland Council approves $331m additional funding for City Rail Link project. Photo: Courtesy of Auckland Council.

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