Package of four school projects via PPP in New Zealand

financial close

The project involves the development of the following shools:- Ormiston Junior College, Auckland, will cater for years 7 to 10 and be built on a 5 ha site. Due to open in term 1, 2017, it will have capacity for 1,130 students.- Aranui Community Campus, Christchurch, will cater for years 1 to 13 and be built on a 9.3 ha site. Due to open in term 1, 2017, it will initially have capacity for 1,100 students, and future expansion capacity for 1,800 students.- Rolleston College, Christchurch, will cater for years 9 to 13 and be built on a 6.3 ha site. Due to open in term 1, 2017, it will initially have capacity for 1,100 students, and future expansion capacity for 1,800 students.- Wakatipu High School, Queenstown, will cater for years 9 to 13 and be built on a 7 ha site. Due to open in term 1, 2018, it will have capacity for 1,200 students.Under a PPP, the private partner is responsible for designing, financing, building and maintaining the school property for a period of 25 years.