Govt stumps up $85 mln for problematic Lincoln Uni innovation hub

By Paul McBeth
June 29 (BusinessDesk) - The government will inject $85 million to make sure Lincoln University's problematic building project to create an innovation hub gets over the line.
Tertiary Education Minister Paul Goldsmith today announced the capital injection for the university's $206.4 million project to be a cornerstone of Christchurch city's planned innovation hub. The 27,000 square metre joint facility with AgResearch has been under the Treasury's watchful eye, getting an amber/red rating on the department's list of major...
Subscribe to BusinessDesk
Stay informed on business, government and financial developments across New Zealand.
- Deeply researched, twice-edited and fact-checked news
- Annual subscribers also receive a complimentary subscription to The Wall Street Journal
- Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers
You can cancel anytime with two clicks, an email or a phone call.
Find out
more.
We are serious about journalism.
Yearly - (Save $179 compared to monthly)
$349.00
Monthly
$44.00
All subscriptions auto renew but are easy to cancel.
Not convinced yet?
Subscribe to our free 7am Headlines newsletter.
A quick summary of everything BusinessDesk has published in the previous 24 hours. No BusinessDesk
subscription needed.