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KiwiRail argues 50-year lease is blocking commercial opportunities on railway land

Treasury worries about KiwiRail’s approach to iwi over extending the lease.

Brent Edwards Fri, 21 Jan 2022

KiwiRail is battling Treasury intransigence to get the government to agree to extend its lease on railway land out to 2170.

The state-owned company leases the land from the New Zealand Railways Corporation and its current lease is only for 50 years.

In a paper to its shareholding ministers

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Brent Edwards Fri, 21 Jan 2022
Contact the Writer: brent@nbr.co.nz
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KiwiRail argues 50-year lease is blocking commercial opportunities on railway land
Politics,
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