The Government says it'll set up a new company to procure two new Cook Strait ferries to replace the ageing Interislander fleet.  

It's been under pressure to offer alternatives after scrapping plans for rail-enabled ferries and upgraded port infrastructure about a year ago. 

Finance Minister Nicola Willis says they'll get two smaller ferries by 2029, but commercial sensitivities mean the cost can't be revealed. 

Winston Peters has also been appointed as the Minister for Rail. 

Infrastructure NZ CEO Nick Leggett told Matt Heath and Tyler Adams the announcement gives some details on the direction the Government is going for the ferries.  

He says it does look a lot cheaper than what was previously announced, and Winston Peters believes in getting a bang for your buck. 

It is a good step, Leggett says, but further details will be needed,

LISTEN ABOVE 

The Government says it'll set up a new company to procure two new Cook Strait ferries to replace the ageing Interislander fleet. &nbsp;
It's been under pressure to offer alternatives after scrapping plans for rail-enabled ferries and upgraded port infrastructure about a year ago.&nbsp;
Finance Minister Nicola Willis says they'll get two smaller ferries by 2029, but commercial sensitivities mean the cost can't be revealed.&nbsp;
Winston Peters has also been appointed as the Minister for Rail.&nbsp;
Infrastructure NZ CEO Nick Leggett told Matt Heath and Tyler Adams the announcement gives some details on the direction the Government is going for the ferries. &nbsp;
He says it does look a lot cheaper than what was previously announced, and Winston Peters believes in getting a bang for your buck.&nbsp;
It is a good step, Leggett says, but further details will be needed,
LISTEN ABOVE&nbsp;

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We’re bringing you an exciting new era on Newstalk ZB with Matt Heath &amp; Tyler Adams Afternoons.
With years of media and broadcast experience between them, this team brings a fresh and unique perspective to your weekdays.
Matt and Tyler dive into the latest news stories, share their opinions, and engage with their listeners weekdays on Newstalk ZB.

Matt Heath and Tyler Adams dive into the latest news stories, share their opinions, and engage with their listeners weekdays on Newstalk ZB.

Matt Heath & Tyler Adams Afternoons

Nick Leggett: Infrastructure NZ CEO on the Government's Cook Strait ferry announcement

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/15242819-92cd-4587-8e99-b243000e8173/transcript