Auckland convention centre cost jumps by a fifth

Fri, 19 Dec 2014

By Paul McBeth Dec. 19 (BusinessDesk) - SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 million to build an international convention centre in downtown Auckland, with further gambling concessions ruled out. The Auckland-based company has increased its estimate to build the centre to between $470 million and $530 million as the construction boom across the country drives up building costs and design changes add to the bill, it said in a stateme...

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