CERA bullish on Chch CBD anchor projects, though keeping mum on business cases

Tue, 10 Mar 2015

By Paul McBeth March 11 (BusinessDesk) - The Canterbury Earthquake Recovery Authority, which was tasked with overseeing the rebuild of the country's second-biggest city, is upbeat about the prospects for anchor projects in Christchurch's central business district, but won't provide business cases for the developments until commercial contracts have been signed off. Acting chief executive John Ombler told parliament's finance and expenditure committee the CBD projects are worth an estimated $1.1 billion, and more projects are being announc...

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