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Iām actually pro the city loop and half my post was in dismay and jest about the cost and time taken.Re your critique of the Auckland city rail loop
The loop unlocks capacity
The capacity to run lots of extra trains
The opportunity to carry more passengers and take cars off Auckland chronically congested roads
Electric trains which can run on renewable energy
Any city of a certain size has an underground loop line Sydney/ Melbourne to name two.
I wouldnāt worry about what accountants are saying but projecting yesterdays revenue numbers
Patronage will exceed their calculators total
Glad to help
The issue and NZās big issue is our productivity is killing us. Weāre so slow and inefficient at building infrastructure, we end up build half the amount of anyone else at twice the cost. Thatās a huge drag on us as a country stopping us getting good stuff everyone else takes for granted. Crippling financially and in lost opportunity.
The loop is going to take 10 years to build, announced in 2013, fully funded in 2015 and still at least a year from being finishedā¦ before 6 months commissioning, etc
The $2.86b cost has almost doubled to $5.4b with more cost over runs to come.
I drive through our local Bayfair roadworks which is a couple of Bridges and a roundabout and itās been going on since 2015 and isnāt finished yet and is double budget. The joke about NZ having more road cones than sheep isnāt so funny when itās you realise itās true