State-owned enterprise
NZ Railways owns around 18,000 hectares of railway land that it provides to KiwiRail through a long-term lease. It was established to enable KiwiRail to obtain the commercial benefit of railway land and to support the Crown’s investment in rail operations as a whole. NZ Railways is not a trading entity and is not expected to make an operating surplus or to provide dividends. KiwiRail provides administrative services for NZ Railways.
Key Company Information
| Entity Form | State-owned enterprise |
|---|---|
| Established | 1987 |
| Head Office | Wellington |
| Primary Legislation | New Zealand Railways Corporation Act 1981; State-Owned Enterprises Act 1986 |
Board of Directors
| Person | Role | Term |
|---|---|---|
| Mr David McLean | Chair | - |
| Mrs Angela Edwards | Director | - |
| Ms Nicola Greer | Director | - |