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KiwiRail has secured another $40m from the Provincial Growth Fund, this time to invest in its TranzAlpine scenic train service.
The operator has revealed figures for its tourism business in its latest FY18 annual report.
Prime Minister Jacinda Ardern was among the dignitaries who jumped aboard Friday’s special commemorative Coastal Pacific service.
The operator will launch its first premium rail product on its Coastal Pacific service.
The investment is “vital to unlocking Wairarapa’s potential”, says the transport minister.
The rail and ferry operator says revenue from its tourism operations jumped 22%.
The operator is relaunching its scenic service between Picton and Christchurch – two years after the devastating Kaikōura earthquake.
The government has provided $250K from its PGF for a feasibility study into a new passenger rail service on the West Coast.