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Further to reply 30349 (2026), was the first milestone payment to Guangzhou Shipyard International made before Final Approval to Deliver was granted, and if so, under what authority was that payment made?

Answered Question 32018 (2026)
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Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • Further to reply 30349 (2026), was the first milestone payment to Guangzhou Shipyard International made before Final Approval to Deliver was granted, and if so, under what authority was that payment made?

Answered by

Rt Hon Winston Peters

List MP · NZ First · Minister for Rail

Answer

Yes. Shareholding Ministers approved funding for Ferry Holdings to enter the shipyard contracts consistent with our delegations from Cabinet and on the recommendation of Ferry Holdings and the Treasury.