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flag New Zealand plans new Interislander ferries by 2029, seeking a cheaper alternative after iReX project's failure.

flag New Zealand's Deputy Prime Minister Winston Peters will announce plans for new Interislander ferries expected to be operational by 2029, aiming for a cheaper solution than the scrapped iReX project. flag The update will detail ferry types and infrastructure costs but won't reveal the shipbuilder or tender results. flag Concerns exist about the ferries' rail compatibility, potentially affecting freight and rail equipment transport between the North and South Islands.

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