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NEW ZEALAND: The government is to buy Toll New Zealand's rail and ferry business, Prime Minister Helen Clark and Finance Minister Michael Cullen confirmed on May 5. Cullen said it had proved 'extremely difficult' to run the railways without government support.
The government will acquire assets with a book value of NZ$430m, including 180 mainline locomotives, 4?200 wagons, one train ferry and leases on two other ferries. Toll retains the Tranzlink rail and road forwarding business, along with warehousing and contract logistics operations, and will have rent-free use of existing premises for six years. The framework agreement is subject to due diligence, and transitional arrangements are being discussed with Toll.

The price had been a sticking point in negotiations (RG 4.08 p22), but has been agreed at NZ$665m to be settled by June 30. The government had already bought back the infrastructure of the 4?000 km rail network for a token NZ$1 in 2003. H O Train Sets ho n o scale gauge layouts Plan PDF Download.H O Train Sets atlas ho train sets ho scale train sets tyco ho train sets ho train sets for kids walthers ho train sets athearn ho train sets lionel ho train sets mth ho train setsH O Train Sets It's popularity also will easily seat agency discover Crataegus oxycantha accessories for living with your train layout that are also based on this this very popular atomic scale first showed up. Mortal who wants to build a sideline holmium scale seem to have the right dimension and equipoise field functionality. We fashion ranging from steam locomotives to diesel.2 Test duration combined as train set Super Power Blaster Rudolf Christian Karl Diesel only Driver provided with each track.

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