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TRANSPORT
Waitohi — Picton Ferry Precinct Redevelopment
KiwiRail / Port Marlborough · Marlborough
Redevelopment of the Picton ferry precinct (Waitohi) for the new rail-enabled Cook Strait ferries: a new terminal building, wharf and linkspan, a Dublin Street overbridge, and improved links between the precinct and town. Physical works — including demolition of the old vehicle access bridge — began in early 2026. The South Island portside half of the ~$1.86b Interislander ferry programme.
A
Breakdown▾
88% · Very likely to proceed
Completion Probability — likelihood this proceeds on roughly its stated timeline.
Each axis is a scoring factor (0–100%)
Key facts
- Region
- Marlborough
- Sector
- Transport
- Status
- Under Construction
- Estimated value
- $400m
- Indicative completion
- 2029
- Funding status
- Fully Funded
- Lead organisation
- KiwiRail / Port Marlborough
- Election risk
- Medium
Election risk assessment
The South Island side of the Cook Strait ferry replacement — committed and under construction, but tied to the broader ferry programme's timing and cost.
Government priority alignment
HIGH — Critical inter-island freight and passenger link — core land-transport resilience.
Chronology
- 2022Waitohi ferry precinct redevelopment confirmed (~$360m terminal)
- 2024Replanned alongside the new Cook Strait ferry procurement
- 2026Physical works begin — old vehicle access bridge demolished
- 2029Terminal ready for the new rail-enabled ferries