27 May 2014 Aus & New Zealand

ADDITIONAL FUNDS FOR NEW ZEALAND'S KIWIRAIL

KiwiRail's $NZ4.5 billion Turnaround Plan, initiated in 2009, is aimed at long-term financial self-sufficiency. To date, the government has committed a total of $NZ1.04bn to the plan, the latest contribution being NZ$198m as part of the 2014 budget. Most of the funds are to be allocated to infrastru

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