According to CNN:

Britain is building one of the world’s most expensive railways

US$416 million per mile? Pfft! Not even close to Auckland’s CRL currently running at around US$1.5 billion per mile.

And why is it so expensive here? Cost of plant and labour is not significantly more expensive than anywhere else. But the cost of regulation, compliance, consenting, cultural appeasement and so on is crushing NZ infrastructure productivity.

But will the Fast Track Approvals Bill make a difference?