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RAILWAYS II

Sector: Rail • Location: New Zealand

Source: World Bank Group

Project
Closed

The project consists of the first three years of the six-year investment plan to March 31, 1976. The first three years of the investment plan call for expenditures equivalent to US$87.80 million on specialized rolling stock, workshop and signalling equipment and a third ferry boat; and it includes progress payments on a fourth ferry boat to be delivered in the year to March 31, 1974. The rolling s

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The project “RAILWAYS II” is an infrastructure initiative in the Rail sector, located in New Zealand. Taiyo aggregates data on it from World Bank Group.

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Participants

Sponsoring Agency

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Status

Original status

closed

Taiyo status

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Taiyo last update

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Available timestamps

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Email

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Description

Description

The project consists of the first three years of the six-year investment plan to March 31, 1976. The first three years of the investment plan call for expenditures equivalent to US$87.80 million on specialized rolling stock, workshop and signalling equipment and a third ferry boat; and it includes progress payments on a fourth ferry boat to be delivered in the year to March 31, 1974. The rolling stock to be financed by the Bank will include 490 flatcars for the transport of containers. The remaining 1,310 freightcars for which financing would be provided from the Loan are intended for the transport of pulp and paper, steel, timber and other bulk traffic; in addition, certain workshop equipment and the modernization of signalling equipment on two lines are to be financed. Of the flatcars 610 are to be manufactured in the Railways workshops using Bank-financed imported components.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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