What will come from the Mainzeal demolition?

What will come from the Mainzeal demolition?
The key players. (Image: Greg Bowker/NZME)
Paul McBeth
As the dust settles on the latest doorstop judgment from the failed Mainzeal construction group, minds turn to what comes next. Celebrations for the liquidators, Andrew Bethell and Andrew McKay of BDO, and litigation funder LPF will be short as they work out a strategy to extract the $39.8 million, plus what they estimate to be a further $20.9m of interest accrued over the past decade. The bulk of that will sit with Richard Yan, whose flimsy assurances on behalf of the China-based parent China Pacific left him the most culpable for th...

More Infrastructure

KiwiRail reveals $8m cost of McKinsey contract
Infrastructure

KiwiRail reveals $8m cost of McKinsey contract

Rail Minister Winston Peters calls it an unacceptable payment. 

Oliver Lewis 02 Apr 2025
Mainfreight praises 'logical, sensible' rail ferries decision
Infrastructure

Mainfreight praises 'logical, sensible' rail ferries decision

Port companies on both side of the Cook Strait also welcome increased certainty.

Oliver Lewis 01 Apr 2025
Meet your new ferries, New Zealand
Infrastructure

Meet your new ferries, New Zealand

Winston Peters confirms new Interislander ferries will be rail-enabled.

Oliver Lewis 31 Mar 2025
Developers make unsolicited bids for prime Chch rebuild site
Policy

Developers make unsolicited bids for prime Chch rebuild site

Crown Infrastructure Delivery is weighing up options for the massive site.

Oliver Lewis 28 Mar 2025