Speaking to shareholders at today’s annual meeting in Auckland, Mr Plested said the government and the Treasury had treated rail appallingly since it was sold in 1992 and repurchased in 2006, and that policymakers lack a strategy for transport infrastructure considering road, rail and ports.
“Without rail, our opportunities for passenger transport are restricted, our desperation for more roads intensifies to the point of impossibility, and our options for port locations become hopelessly restricted,” Plested said. “How on earth could the Treasury not see these connections, and our government not see the need for an overall strategy?”
Plested, who last year donated $35,000 to the National Party and $100,000 to the Maori Party, was responding to Treasury advice to the government this year recommending closing major parts of the rail network.
Earlier this month, fellow Mainfreight director Richard Prebble, who oversaw widespread job cuts when he was railways minister in the 1980s, wrote an opinion piece in the New Zealand Herald newspaper urging officials to reassess the cost of forcing freight to use roads and the congestion it would cause.
Managing director Don Braid said the company was a strong supporter of rail, with current and future roading not capable of meeting Mainfreight’s needs, according to presentation slides accompanying his speech.
Mr Braid said the company wants more positive support for long-term rail infrastructure, and Mainfreight is continuing to invest in facilities at or near rail-serviced property..