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Further to reply 30346 (2026), which parties are meeting the difference between the estimated overall programme cost of $1.86 billion and the maximum taxpayer contribution of $1.704 billion, and what is each party's confirmed contribution?

Answered Question 32021 (2026)
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Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • Further to reply 30346 (2026), which parties are meeting the difference between the estimated overall programme cost of $1.86 billion and the maximum taxpayer contribution of $1.704 billion, and what is each party's confirmed contribution?

Answered by

Rt Hon Winston Peters

List MP · NZ First · Minister for Rail

Answer

As announced on 17 July 2026: CentrePort Limited (that’s a port based in Wellington) is contributing $100 million, Port Marlborough (a port based in Picton) is contributing $110 million, and the New Zealand Transport Agency (an authority providing long-planned co-funding for the Dublin Street overbridge in Picton) is contributing $10 million. The taxpayer contribution for Ferry Holdings does not exceed $1.704 billion.