Funding Allocated For Two New Ferries
“Capital funding has been awarded for the purchase of two new ferries” and “digital fare media will be implemented for buses and ferries,” Premier David Burt announced in the Budget this morning [Feb 16].
The relevant extract of the 2024 Budget statement said, “The Ministry of Transport has been allocated $68.2 million – a decrease of $4.1 million; this decrease is due to the cessation of minimum revenue guarantees to Skyport, offset by increased salary costs due to union agreements.
“Capital funding has been awarded for the purchase of two new ferries. These new vessels will replace existing ferries, modernising the fleet and meeting the increasing demand for efficient, reliable, and sustainable transportation options.
“Work will continue on the replacement of floating docks for ferry landings and the Marine and Ports workshop. Additionally, digital fare media will be implemented for buses and ferries, marking a milestone in public transportation by introducing a more efficient and convenient payment system.”
You can read a full copy of the 2024 Budget speech here, view all our coverage of the 2024 Budget here, and view our live updates here.
