David Farrar: $2.3 billion saved on ferries

Winston Peters announced:

The Government has saved the taxpayer billions with two new Interislander ferries from Guangzhou Shipyard International and no-nonsense infrastructure in Picton and Wellington, Rail Minister Winston Peters announced today.

“Two new ferries serving road and rail will enter Cook Strait service in 2029, thanks to a $596 million fixed price contract between Ferry Holdings and experienced shipbuilder Guangzhou Shipyard International,” Mr Peters says.