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What contingency, if any, is held within the $373 million Ferry Holdings Limited contribution to Picton marine infrastructure announced on 17 July 2026, and what is its value?

Answered Question 33726 (2026)
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Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • What contingency, if any, is held within the $373 million Ferry Holdings Limited contribution to Picton marine infrastructure announced on 17 July 2026, and what is its value?

Answered by

Rt Hon Winston Peters

List MP · NZ First · Minister for Rail

Answer

This information is not disclosed for commercial reasons. At a total programme level, approximately 20% of the $1.704 billion Government funding for Ferry Holdings is contingency.