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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
3 mins to read

NZICC rebuild cost blows out by $150m

Costs to rebuild fire-damaged International Convention Centre 'disappointing,' says Fletcher, as capital investments of $370m announced.

The International Convention Centre is expected to be complete in 2025 after a fire in 2019 set back construction.

NBR Staff Fri, 16 Dec 2022

The costs of rebuilding the fire-damaged International Convention Centre have blown out by $150 million, contractor Fletcher Building said this morning.

In a statement to the NZX, Fletcher said the unexpected complexity of the project meant costs would now exceed its recoveries from insurance

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NBR Staff Fri, 16 Dec 2022
Contact the Writer: editor@nbr.co.nz
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NZICC rebuild cost blows out by $150m
Investment,
97138
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