Schools III PPP Project

7/4/2017
PPP, Project development

NZ$ 200 million

Announced

7/4/2017


Overview:

  • The Schools III PPP Project is a NZ$200 million project initiated by the Ministry of Education that will be the third schools PPP in New Zealand.
  • The project involves the design, construction, financing and maintenance of a minimum of five schools around the country: Sylvester Primary (Hamilton), Flat Bush South East Primary (Auckland), Kumeu Primary (Auckland), Shirley Boys’ High (Christchurch) and Avonside Girls’ High (Christchurch). 
  • There is also the likelihood of other schools being added such as the Scott Point Primary (Auckland) and Marlborough Girls' & Boys' Colleges (Marlborough).
  • The project follows the successful Hobsonville Schools PPP and the Schools II PPP project which reached financial close in 2015.

Adam Majeed - Regional editor

Jurisdiction:

New Zealand

Deal types:

PPP
Project development

Practice areas:

Project finance
Project development

Industry sector:

Social infrastructure


Firms:

Party: CPB Contractors (Joint venture partner)

Party: Southbase Contractors (Joint venture partner)