Company type | State-Owned Enterprise |
---|---|
Industry | Rail transport, shipping, property management |
Predecessor | Toll NZ |
Founded | 1 July 2008 |
Headquarters | , New Zealand |
Area served | New Zealand |
Key people | Peter Reidy (CEO),[1] David McClean (Chair)[2] |
Products | Great Journeys New Zealand |
Services | Rail freight Inter-island ferries Long-distance passenger rail |
Revenue | NZ$682.9 million[3] |
NZ$25.7 million (FY2018-19)[3] | |
NZ-$324.9 million (FY2018-19)[3] | |
Number of employees | 4,213[4] |
Divisions |
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Subsidiaries | KiwiRail Limited |
Website | www |
KiwiRail Holdings Limited is a New Zealand state-owned enterprise (SOE) responsible for rail operations in New Zealand and operates inter-island ferries. Trading as KiwiRail and headquartered at 604 Great South Road, Ellerslie, KiwiRail is the largest rail transport operator in New Zealand. KiwiRail has business units of KiwiRail Freight, Great Journeys New Zealand and Interislander.[5] The company was formed in 2008 when the government renationalised above-rail operations (having previously renationalised the network in 2004) and inter-island ferry operations, then owned by Toll Holdings. In 2021, the government launched the New Zealand Rail Plan, with funding for rail projects to come from the National Land Transport Fund (NLTF), and with KiwiRail remaining an SOE but paying Track Access Charges (TACs) to use the network.