Budget 2020 builds on investment made through the New Zealand Upgrade Programme and includes more than $1 billion to improve transport across the country. This investment will enhance the resilience and reliability of national rail and ferry networks and, over time, contribute to efforts to reduce our carbon footprint through decreasing emissions. I particularly want to highlight in this package the $400 million capital investment to help replace the Interislander ferries. New ferries will provide a more secure and resilient link between the North and South Islands.