The price of growth: how to pay for Lyttelton Port Company expansion

The container stack at Lyttelton Port Company. Volumes were down, but profits were up in 2025. (Image: LPC)

Thu, 25 Sep 2025

Christchurch faces a major decision. Lyttelton Port Company (LPC) is finalising a business case for its proposed $800+ million Te Awaparahi Bay expansion project, which will increase annual capacity at the South Island port to 850,000 twenty-foot equivalent units (TEU).It is due with the board later this month.As chief executive, Graeme Sumner told BusinessDesk: “It is a substantial piece of work, and it may require more than one board meeting to consider all the issues covered, answer follow-up questions, and make final decisions.&r...

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