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BESIX Watpac: We're confident going forward with Christchurch Stadium

Author
Newstalk ZB,
Publish Date
Fri, 15 Jul 2022, 7:43am
The cost of building Christchurch's multi-use arena has jumped by up to $150 million. (Photo / Supplied)
The cost of building Christchurch's multi-use arena has jumped by up to $150 million. (Photo / Supplied)

BESIX Watpac: We're confident going forward with Christchurch Stadium

Author
Newstalk ZB,
Publish Date
Fri, 15 Jul 2022, 7:43am

The lead contractor behind the Christchurch Stadium is positive they've done the work to minimise the pricing risk.

Christchurch councillors yesterday voted to go ahead with the stadium - agreeing to sign a fixed price contract of $683 million with BESIX Watpac.

Three councillors were opposed, but the other 14 were in support.

BESIX Watpac Chief Executive Mark Baker told Mike Hosking they're confident going forward despite carrying the majority of the risk.

“We’ve done a lot of good work over the last few weeks and few months to really de-risk the project to make sure it’s a success for the local market and for us.”

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