Sunday, April 15, 2012

Monorail 'most effective initiative' for tourism


As long as Riverstone Holdings, the company behind plans to build a multimillion-dollar Fiordland monorail doesn't receive any tax/ratepayer favours or corporate welfare - we say bring it on!

Hopefully the inevitable failure of this project won't be blamed on bureaucracy or hysterical environmentalism. 

While I applaud any private company showing initiative, with dubious demand; the economics of this project if it ever gets off the ground appears to be a bit thin. Maybe economic success of this project is dependent upon low initial capital costs by using unwanted equipment from Sydney...or maybe even Springfield:

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