CIMIC subsidiaries picked for New Zealand schools project

WCN Editorial Team 8 Mar 2017 OCEANIA BUILDINGS

Pacific Partnerships and CPB Contractors, the subsidiaries of CIMIC Group, have been chosen by the government of New Zealand as the preferred proponents to deliver its schools public-private partnership (PPP) programme.

The third New Zealand Schools PPP initiative includes the design and construction of four new primary schools — three in Auckland [pictured] and one in Hamilton.

It also involves the relocation and co-location of Shirley Boys’ High School and Avonside Girls’ High School in Christchurch, as well as operational services of the schools for 25 years.

CIMIC Group will be responsible for the design, construction and financing of the project, which is worth more than NZD200M ($140.1M). CPB Contractors will provide the design and construction in a joint venture with New Zealand-based Southbase Construction, and Spotless will provide the operational services.

The agreement also states that the Ministry of Education has the right to add additional schools to the project.

Adolfo Valderas, CIMIC Group CEO, said: “CIMIC Group’s financial strength and diverse capabilities position us well to deliver and service enduring assets, such as schools, that meet our clients’ needs.

“We look forward to delivering a project of such importance to local families and communities and to working with the New Zealand Ministry of Education.”

Construction is set to commence in the near future, with the schools scheduled to open in 2019.

* For more information on the New Zealand construction market, visit the Construction Intelligence Center Report Store.

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