KiwiRail secures 100-year rail land lease extension to 2170
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KiwiRail has secured a lease extension for its rail land that lasts until the year 2170. The state-owned organization plans to work with private developers. This partnership will focus on building freight hubs and warehousing.
State-owned rail bosses plan to partner with private developers to build warehousing and freight hubs following a major property agreement.