Market Overview
New Zealand is investing in urban rail after decades of underinvestment. Auckland's City Rail Link — a 3.5-km underground rail tunnel through the city centre — is under construction and will transform the city's rail network capacity and journey times. Auckland's existing heavy rail network is being electrified and upgraded. Wellington operates an electrified suburban rail network that is receiving new rolling stock. KiwiRail manages the national freight rail network, with investment in new wagons and locomotives. A ferry replacement programme for the Cook Strait crossing includes rail connections. New Zealand's rail sector has historically relied on European and American rolling stock suppliers. The country's commitment to decarbonisation is driving renewed interest in expanding rail as an alternative to road transport for both passengers and freight.