Friday, June 17, 2011

Negotiations for a new convention centre to boost growth

The Government is negotiating with SkyCity to build a large international convention centre in central Auckland.

The New Zealand International Convention Centre will be a major boost to our economy. It will attract some 33,000 convention delegates, create around 800 new jobs, and pump $90 million in international visitor spending into the economy each year.

Under the proposal, SkyCity will pay the estimated $350 million to build the 3500-seat centre. SkyCity has asked the Government to consider some alterations to gambling regulations and legislation. There will be no discussion on reducing the age of entry to casinos, allowing SkyCity an internet gambling licence or additional casino licences.

More information: http://www.national.org.nz/Article.aspx?articleId=36233

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