Following stunning news today from the GWRC study into the cost of a possible Light Rail system in Wellington – results have come back that the cost COULD be as LOW as $14m per km.
By anybody’s books, that is fantastic news – and means that costs are indeed well within reach of a Council the size of Wellington’s.
If we look at the published figures available, of the capital cost of light rail per kilometre around the world (all in NZ dollars), we can see that costs in places where they know what they are doing (ie the Netherlands), costs could be even lower – at $11.6m / km. Read More
