Who owns the railways in NZ?
Table of Contents
The New Zealand Railways Corporation (NZRC) is a statutory corporation that owns around 18,000 hectares of railway land. It was established to support KiwiRail by providing a long term lease of its railway land.
Who sold New Zealand Railways?
The government sold New Zealand Rail in 1993 for $328 million to a consortium in which the US company Wisconsin Central was the leading shareholder. From 1996 the New Zealand subsidiary, known as Tranz Rail, was listed on the New Zealand and NASDAQ stock exchanges.
Is KiwiRail privately owned?
KiwiRail Holdings Limited (KiwiRail) is a limited liability company incorporated under the Companies Act 1993 and a state owned enterprise (SOE) under the State Owned Enterprises Act 1986. As an SOE, all of KiwiRail’s shares are held by Shareholding Ministers of the Crown.
Who owns Auckland rail?
Auckland’s rail network is owned and maintained by KiwiRail, while Auckland Transport owns the trains and train stations and is responsible for providing public transport services. There are 42 stations across the southern, eastern, western and Onehunga lines, and almost 4000 train services a week.
How do I contact KiwiRail?
Contact us
- Customer services: 0800 351 351 (or Auckland 09 363 5974)
- Email: [email protected].
- Reservations and general enquiries.
- Dangerous goods.
- Interislander CV Terminal Check in Clerks.
- Interislander CV – New accounts and travel rates.
Who owns Wellington Station?
New Zealand Railways Corporation
Wellington railway station
| Wellington | |
|---|---|
| Owned by | New Zealand Railways Corporation |
| Line(s) | North Island Main Trunk Wairarapa Line Johnsonville Line |
| Platforms | 9 |
| Connections | Services |
Which government sold the railways?
Under the Conservative government of Margaret Thatcher elected in 1979, various state-owned businesses were sold off, including various functions related to the railways – Sealink ferries and British Transport Hotels by 1984, Travellers Fare catering by 1988 and British Rail Engineering Limited (train building) by 1989 …
Who Built New Zealand Railways?
New Zealand’s first public railway was opened in that year, running the short distance between Christchurch and the wharf at Ferrymead and built by the Canterbury Provincial Railways. The Canterbury Provincial Railways were built to the broad gauge of 5 ft 3 in (1,600 mm).
What is a state owned enterprise NZ?
State-owned enterprises (SOEs) in New Zealand are registered companies listed under Schedules 1 and 2 of the State-Owned Enterprises Act 1986. Most SOEs are former government departments or agencies that were corporatised. They are responsible to the Minister of State Owned Enterprises.
Who governed NZ in 1993?
The election saw the governing National Party, led by Jim Bolger, win a second term in office, despite a major swing away from National in both seats and votes. The opposition Labour Party, despite a slight drop in their support, managed to make gains in terms of seats.