The Herald reports:
Rail projects around the world are known to always cost way way more than their promoters claim. We’ve seen this in Australia and the UK. And high speed rail is especially expensive. The Independent reported:
Britain’s new high-speed rail line will be the most expensive railway in the world with costs per mile expected to reach £403m, according to Government calculations.
Note that is the cost per mile, not the cost for the whole line. And Labour claims it can do high speed from Auckland to Tauranga for $20 million!