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.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Banks: Westpac Keeps Core Government Transactions Contract

The local arm of Westpac Banking Corp has kept its contract with the New Zealand government to provide core transactions, but will have to share peripheral services with its rivals. More>>


Science Investment Plan: Universities Welcome Statement

Universities New Zealand has welcomed the National Statement of Science Investment released by the Government today... this is a critical document as it sets out the Government’s ten-year strategic direction that will guide future investment in New Zealand’s science system. More>>


Scouring: Cavalier Merger Would Extract 'Monopoly Rents' - Godfrey Hirst

A merger of Cavalier Wool Holdings and New Zealand Wool Services International's two wool scouring operations would create a monopoly, says carpet maker Godfrey Hirst. The Commerce Commission on Friday released its second draft determination on the merger, maintaining its view that the public benefits would outweigh the loss of competition. More>>


Scoop Review Of Books: She Means Business

As Foreman says in her conclusion, this is a business book. It opens with a brief biographical section followed by a collection of interesting tips for entrepreneurs... More>>


Hourly Wage Gap Grows: Gender Pay Gap Still Fixed At Fourteen Percent

“The totally unchanged pay gap is a slap in the face for women, families and the economy,” says Coalition spokesperson, Angela McLeod. Even worse, Māori and Pacific women face an outrageous pay gap of 28% and 33% when compared with the pay packets of Pākehā men. More>>


Housing: English On Housing Affordability And The Economy

"Long lead times in the planning process tend to drive prices higher in the upswing of the housing cycle. And those lead times increase the risk that eight years later, when additional supply arrives, the demand shock that spurred the additional supply has reversed. The resulting excess supply could produce a price crash..." More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news