In November 2018 the project was originally forecasted to cost 775-million-dollars.
By March 2021, the total cost had ballooned to 1.76 billion dollars, with portside costs almost quadrupling.
In June ... KiwiRail received a letter from Finance Minister Grant Robertson, saying he was 'disappointed', and that the project must come in at 1.45-billion.
KiwiRail Acting Chief Executive David Gordon says he's confident the project can be delivered within the new budget set out by Robertson.
