Watch Len Brown’s News Conference

in Auckland City Rail Link Top Debate Trains by AKT — November 24, 2010 at 10:02 pm | 5 comments

Auckland Mayor Len Brown told a packed news conference this afternoon that the CBD rail loop, which he campaigned on, will turn Auckland into the world’s most livable city.

“The rail link is quite possibly the most critical element in Auckland’s transformation into a potentially competitive urban centre, and this report confirms that,” he said.

He said the CBD loop must happen -and Auckland expects him to deliver.

He said the project was comfortably over a BCR of 1 which was better than the Puhoi highway (0.8)  (At 8% discount rate it’s 3.5, 6% 4.7 and 4% 6.6.)

“It very clearly sets out a cost benefit ratio of 1:1 which I think is salutory and directional in terms of what we are trying to achieve here. For example, the cost benefit ratio for the Puhoi motorway was .08 so it has a very good cost benefit ratio.”

And he’s hopeful about the Government response, based on John Key’s reactions at the Mayor’s Town Hall inauguration ceremony:

Coverage continues:
What’s in Case study and how it will unlock Auckland’s potential

Len Brown -I want it in 7 years

Cost and what’s involved

Read the full case
Chinese interest in CBD loop

Loop funding row

Tags: Auckland CBD rail link CBVD rail loop Len Brown Spotlight