Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Christchurch Airport Welcomes Funding Agreement

Christchurch Airport Welcomes Funding Agreement

Christchurch Airport CEO Jim Boult says the announcement of government funding commitments for major projects is a very positive signal for the city.

The Crown and Christchurch City Council have reached agreement on cost sharing for Horizontal Infrastructure repair and Anchor Projects funding, which Mr Boult describes as an important milestone.

"The agreement provides much needed market confidence and certainty. We look forward to learning more about delivery timeframes for these projects and congratulate both the Crown and Christchurch City Council on this significant agreement," he says.

Mr Boult says the commitment to the convention centre is a very positive step, which both the city and the tourism industry should congratulate the decision makers on.

“Re-establishing world class convention facilities in Christchurch will potentially attract many thousands of international visitors to the city, as well as from around New Zealand.

“Prior to the Christchurch earthquakes, the Christchurch Convention Centre was well established in the international market. This position will be re-instated with the development of the new convention centre,” he says.

Mr Boult says the airport company looks forward to Christchurch having a more sustainable and well-sized CBD.

“The combination of convention centre and hotels, shopping and entertainment precincts, as well as a sports stadium, will invigorate the city," he says. Conference delegates alone spend approximately $318 per night and the government commitment to get the convention centre underway will signal to investors that Christchurch is definitely moving forward.”

Mr Boult says the airport company is proud to be a backbone of the local economy and will work with the various groups to support the success of this project.

“Christchurch Airport is the largest single centre of employment in the South Island,” he says. “More than 6000 people are employed on the airport campus in full time, part time or casual roles. The airport also creates employment for more than 20,000 full time equivalents on and off campus. That means Christchurch Airport generates about $1.7 billion in regional GDP.”

…ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Balance Of Trade: NZ Posts Trade Deficit In October On Falling Dairy Exports

New Zealand’s posted its largest monthly trade deficit for October in six years, while narrowing the shortfall from September, led by a fall in dairy exports to China while all main imports into the country rose. More>>

ALSO:

Gigatown Winner: Plenty Of Positives For Dunedin

Although the city has taken the Gigatown title, along with new ultrafast 1Gbps broadband and funding for $700,000 worth of UFB-related initiatives across the community, Mr Cull says Dunedin has gained so much more through its involvement. More>>

ALSO:

R18: The Warehouse Group Praised For Removing Games

The decision by New Zealand’s largest retailer The Warehouse Group (TW Group), to withdraw stocks of the latest version of Grand Theft Auto V (GTA V) and other R18 games, has been praised by advocacy group Stop Demand Foundation. More>>

ALSO:

Air NZ Wine Awards: Victory For Villa Maria As Pinot Noir Thrills

It was a night to remember as Villa Maria Estate picked up one of the highest accolades of the evening, the O-I New Zealand Reserve Wine of the Show Trophy, at the 28th Air New Zealand Wine Awards. The Villa Maria Single Vineyard Southern Clays Marlborough ... More>>

ALSO:

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news