Rebuild of central Christchurch in Treasury's red zone

Thu, 07 Apr 2016

By Edwin Mitson April 7 (BusinessDesk) - Treasury analysis of the government's major investments has highlighted major issues with the delivery of anchor projects in central Christchurch as part of the Canterbury rebuild. In its Major Projects Performance Report July to October 2015, the Christchurch Central Delivery Programme is the only project to be labelled as 'red'. The document says that this colour means that "successful delivery of the project requires changes to budget, schedule, scope or benefits. There are major issues with pr...

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