Fletcher Building Investor Presentation
Canterbury update
Considerable progress on repairs
46,000 full scope repairs completed: half-way point now passed
$1.5 billion of work completed
Repairs to the final Earthquake Commission referred property are now
expected to be completed in December 2014
NZ Govt and Christchurch City Council ('CCC') to share cost of Central
Christchurch rebuild and horizontal infrastructure:
Anchor projects in CBD costing $1.9Bn: NZ Govt $1.1Bn, CCC $0.778Bn
Includes Convention Centre, Performing Arts Precinct, Stadium
Horizontal Infrastructure to cost $2.9Bn: NZ Govt $1.8Bn, CCC $1.1Bn
Total cost of Canterbury rebuild estimated at $40Bn:*
Residential: $18Bn
Commercial & Social: $15Bn
Infrastructure: $5Bn
* Source: NZ Govt/Treasury Budget Estimates
14 Fletcher Building Investor Presentation | O October 2013View entire presentation