64033 (2024). Tangi Utikere to the Minister of Finance

64033 (2024). Tangi Utikere to the Minister of Finance: Did the Minister of Finance commission or review any cost-benefit analyses of continuing Project iReX with modifications versus cancelling it entirely, and if so, what were the key findings of these analyses?

Hon Nicola Willis: I understand KiwiRail had earlier prepared a cost benefit ratio for options of ship configuration across Cook Strait, which included: -2 large rail enabled ships -2 large non rail enabled ships, -3 medium rail ships, and -second hand ships This analysis can be found here Official Information Regarding KiwiRail’s Project iReX - Phase 1 | The Treasury New Zealand. Officials and their advisors AECOM also considered that there were material concerns with the assumptions used by KiwiRail and certain information sought to support the analysis was not available.