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Overseas capital ruled out for funding second Auckland Harbour crossing

Author
Newstalk ZB,
Publish Date
Mon, 7 Aug 2023, 7:36am

Overseas capital ruled out for funding second Auckland Harbour crossing

Author
Newstalk ZB,
Publish Date
Mon, 7 Aug 2023, 7:36am

The Government says there are plenty of options for funding a second Waitemata Harbour Crossing.

It's pitched two 3-lane road tunnels and another for light rail which will eventually connect Albany to the CBD. 

The cost is put at between $35 and $45 billion dollars.

Transport Minister David Parker is ruling out using overseas capital, like China's Belt and Road Intiative.

He told Mike Hosking that other ways of getting the money will be explored.

Parker says it could be funded by tolls, as Auckland's Harbour Bridge partially was.

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