New trains cheaper

Kapi-Mana News - - NEWS -

Up to 35 more Matangi trains are to be pur­chased fol­low­ing a re­gional coun­cil and NZ Trans­port Agency de­ci­sion last week to re­place rather than re­fur­bish the age­ing Ganz Mavag trains.

Last year, the re­gional coun­cil de­cided in prin­ci­ple to re­fur­bish the Ganz fleet sub­ject to fund­ing and fi­nal com­par­i­son costs. NZTA agreed to fund at least half this project. How­ever, a com­pet­i­tive of­fer from Hyundai Rotem, sup­plier of the Matangi, for up to 35 ad­di­tional new trains (or 70 cars) has been re­ceived, says coun­cil chair­per­son Fran Wilde.

‘‘This of­fer is less than half the cost es­ti­mated in 2011 and with more ro­bust in­for­ma­tion on the main­te­nance cost of the Matangi and Ganz fleets, buy­ing more Matangi units looks con­sid­er­ably more favourable than last year.’’

Anal­y­sis shows buy­ing more Matangi trains would have about the same im­pact on fares and rates as re­fur­bish­ing the Ganz Mavag fleet be­cause debt re­pay­ment would be over a longer pe­riod, she says.

“The key is­sue is that if we re­fur­bish the Ganz trains we still would have to pur­chase re­place­ments for them at the end of their life in 15 years’ time at what­ever the price is in 2027.’’

The Coun­cil will con­sider the deal in Septem­ber and, if ap­proved, be­gin ne­go­ti­a­tions.

GWRC is seek­ing pub­lic com­ment on the pro­posal un­til Septem­ber 14.


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