More details could be coming this week about the procuring company for the Interislander ferries.

In December last year, the Government announced it would set up a company to procure the ferries, freeing up Kiwirail. 

It's committed to a March deadline. 

Finance Minister Nicola Willis says she believes Minister-in-Charge Winston Peters has a handle on the process - and will be incorporating once the directors are appointed.

She says her alternative procurement plan is ready to go as a fallback.

"The Minister for Rail is doing the right thing, he is comparing that option with what else might be out there and he's running the process to do that."

LISTEN ABOVE

More details could be coming this week about the procuring company for the Interislander ferries.
In December last year, the Government announced it would set up a company to procure the ferries, freeing up Kiwirail.&nbsp;
It's committed to a March deadline.&nbsp;
Finance Minister Nicola Willis says she believes Minister-in-Charge Winston Peters has a handle on the process - and will be incorporating once the directors are appointed.
She says her alternative procurement plan is ready to go as a fallback.
"The Minister for Rail is doing the right thing, he is comparing that option with what else might be out there and he's running the process to do that."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Nicola Willis: Finance Minister hints at upcoming update into procuring new ferries

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7b20c08c-55eb-4200-bcdd-b279006c0c91/transcript