Queenstown monorail venture officially unveiled

The big issue yet to be disclosed is where the $150 million will come from, although Robertson has raised the possibility of publicly floating half the company.

The company has applied to the Department of Conservation for an operating concession because about two thirds of the route is over conservation land, and it may take another year for resource consents to be obtained.

But, like Skyline Enterprise's rival gondola proposal, the monorail plan will require several different travel stages.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Sky and Cricket Australia extend partnership
The Warehouse Group provides trading update
BRM - Requisition of special shareholder meeting
March 3rd Morning Report
NZK FY25 Results Announcement details
PEB - Cxbladder Incorporated into AUA Clinical Guideline
SUM - Financial Results for the Year Ended 31 December 2024
SUM - Sustainability Review & Climate-Related Disclosures FY24
MOVE Appoints Paul Millward as CEO
Port of Tauranga reports FY25 interim results