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Christchurch: HOTELS with Chinese investment pending

A major Chinese construction company is eyeing joint-venture prospects in Christchurch.

PrimeTV News China 2 12-4-13PrimeTV News China 1 12-4-13

### stuff.co.nz Last updated 11:33 12/04/2013
Chinese ‘very interested’ in key Christchurch project
By Lois Cairns – The Press
Christchurch Mayor Bob Parker, who is in China visiting Christchurch’s sister cities, met representatives from Beijing-based company Huadu Construction this week and says they are interested in being part of a major development planned for Christchurch.

Parker said he could not reveal details of the development at this stage as negotiations were still under way, but it would be a significant project for the city.

Earthquake-recovery officials have been overseas previously seeking expressions of interest in key projects for Christchurch’s rebuild, including the new convention centre.

Asked about the possible scale of investment, Key said “the sky’s the limit” for some of the groups they were in talks with, some of which were experienced in PPP investment.

Prime Minister John Key said the business delegation he was leading in China this week had met groups interested in investing in construction, such as building hotels, where New Zealand had long accepted foreign investment. Christchurch could form part of these discussions.
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Starplus Homes staff ‘in the dark’
Some Hamilton tradespeople and contractors are understood to be owed hundreds of thousands of dollars by Chinese building company Starplus Homes. Read more

Posted by Elizabeth Kerr

Images: PrimeTV News 12.4.13 [screenshots]

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