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

 


Govt picks consortium for Chch convention centre

Govt picks Plenary, Ngai Tahu, Carter consortium for Chch convention centre

By Paul McBeth

Aug. 7 (BusinessDesk) - The government has chosen a consortium made up of Plenary Group, Ngai Tahu Property and Carter Group to build a convention centre able to seat up to 2,000 people in Christchurch.

Prime Minister John Key and Earthquake Recovery Minister Gerry Brownlee today announced the Plenary Conventions New Zealand consortium as the preferred developer and hotel operator Accor as the preferred operator of the new convention centre, to which the government has committed $284 million. Construction is expected to begin next year, with the centre open for business in 2017.

"The next step for the consortium is to formally enter into a master planning and development phase, where the Crown will work with Plenary Conventions NZ on the detail of the precinct ahead of construction," Brownlee said in a statement. "I'm confident the end result will be a vibrant, world-class convention centre precinct that attracts conference and convention visitors from all over the world, and delivers significant economic benefits for the Canterbury region."

Local authorities around the country have started looking at convention centres as a means to boost tourism earnings, including Auckland, Queenstown and Wellington. Christchurch's nearly new convention centre was demolished after the 2010 and 2011 earthquakes.

Brownlee said he expects the Christchurch centre would complement other facilities around the country.

Land in the convention centre precinct would also house hotel accommodation, hospital, retail, and commercial and residential property, he said.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

NASA, NOAA: Find 2014 Warmest Year In Modern Record

Since 1880, Earth’s average surface temperature has warmed by about 1.4 degrees Fahrenheit (0.8 degrees Celsius), a trend that is largely driven by the increase in carbon dioxide and other human emissions into the planet’s atmosphere. The majority of that warming has occurred in the past three decades. More>>

ALSO:

Scoop Business: New Zealand’s Reserve Bank Named Central Bank Of The Year

The Reserve Bank of New Zealand’s efforts to stifle house price inflation by using new policy tools has seen the institution named Central Bank of the year by Central Banking Publications, a publisher specialising in global central banking practice. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

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