The Government of New Zealand and Auckland City Council have signed agreements to establish a new company known as City Rail Link Limited, which will assume responsibility for the delivery of Auckland's City Rail Link.

The agreement was signed by New Zealand Finance Minister Steven Joyce, Transport Minister Simon Bridges and Mayor of Auckland Phil Goff.

Joyce said: “City Rail Link Limited (CRLL) is a new company owned jointly by central and local Government, with the sole and express responsibility of successfully delivering the game-changing City Rail Link (CRL) project.

“This is a complex and critical piece of infrastructure that will unlock major development opportunities across central Auckland.

“It is crucial we have a single joint entity running the project solely focussed on delivering a high-quality result for the city, while effectively managing the investment of both the Crown and Auckland Council.”

"CRL is Auckland’s top new transport priority; it will double the capacity of the whole existing rail network and provide significant travel time savings for commuters."

Bridges noted that Auckland’s population is estimated to grow by more than 700,000 people over the next 30 years, and as such the CRL is expected to play a pivotal role in the city’s transport infrastructure.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Bridges said: “CRL is Auckland’s top new transport priority; it will double the capacity of the whole existing rail network and provide significant travel time savings for commuters.”

CRL will be one of the largest transport projects in New Zealand, featuring a 3.4km double-track underground rail line that will connect Britomart station in downtown Auckland through the CBD.

It will also be connected with the existing western line at Mt Eden station.

The rail tunnel's construction will provide employment for up to 1,600 people, with nearly 600 people working during peak construction periods, reported stuff.co.nz.