Cost Information for comparison to proposed LGWM cost and sources

Chiba Monorail construction cost

Source

    https://onlinelibrary.wiley.com/doi/pdf/10.1002/atr.5670220103

Monorail Development and Application In Japan

Currency conversion 1984 exchange rate on  1/7/1984

https://fxtop.com/en/historical-currency-converter.php?A=1&C1=NZD&C2=USD&DD=01&MM=07&YYYY=1984&B=1&P=&I=1&btnOK=Go%21

1 USD

=  NZD$

1.577287

1 NZD

= USD$

0.634

1 USD

= JPN$

236.9532

1 JPN$

=USD$

0.00422

1 NZD

= JPN$

150.2283

1 JPN$

=NZD$

0.006657

1NZD$ in 1984

=NZD$ in 2019

3.16

       https://www.rbnz.govt.nz/monetary-policy/inflation-calculator

Cost per KM

Cost per KM

Cost per KM

Chiba Cost per KM

Total Chiba Cost in 2019 NZD$

Construction Description

JPN Yen in 1984 $$

USD$ in 1984 $

NZD$ in 1984 $

NZD$ in 2019 $

For 10km

For 13km

for 15.2km

Guideway includes guideway and station construction costs

$4,680,000,000

$19,750,736

$31,152,581

$98,442,156

$984,421,559

$1,279,748,027

$1,496,320,770

Non-guideway incl vehicles, maintenance facilities, control systems and power supply

$4,710,000,000

$19,877,344

$31,352,277

$99,073,195

$99,073,195

$99,073,195

$99,073,195

Total

$9,390,000,000

$39,628,080

$62,504,858

$197,515,351

$1,083,494,755

$1,378,821,223

$1,595,393,966

Wellington Trams/’Light Rail’ expected costs

LGWM - 2017

https://getwellymoving.co.nz/assets/Uploads/153717A-ITP-REP-001-WMT-Summary-Report-v2-16-10-17-final-PT1.pdf

$87M cost per Km one tunnel
Total $938M
No distance stated
 

Direct Comparison

LGWM – 2019:   https://www.transport.govt.nz/land/lgwm/

$2.2 Billion

FIT LRT Proposal as at Jan 2019 https://www.stuff.co.nz/national/109863020/what-is-light-rail-and-how-would-it-work-in-wellington

$1 - 1.5billion for 9.7km route