RESEND: NZ govt to spend $650M on school building upgrades, repairs in 2015

RESEND: NZ govt to spend $650M on school building upgrades, repairs in 2015
(Removes extraneous reference in 10th paragraph) By Paul McBeth Jan. 28 (BusinessDesk) - The New Zealand government expects to spend $650 million this year upgrading and maintaining its $8.32 billion school property portfolio, and anticipates repair costs for leaky buildings largely damaged by faulty cladding will be about $90 million. Associate Education Minister Nikki Kaye says major projects this calendar year include new schools in Auckland, Hamilton and near Queenstown, and redevelopment of Otahuhu and Warkworth schools which will...