Waikeria prison project set

CIMIC Group companies Pacific Partnerships and CPB Contractors, with their consortium partners, have reached agreement with the Government to deliver the Waikeria Corrections and Treatment Facility Public Private Partnership (PPP) project.

The group has led the development of the project, with Pacific Partnerships leading the consortium formation and providing equity financing for 25 years, and CPB Contractors undertaking design and construction of the facility.

The new Waikeria facility set to open in 2022.

“Our integrated approach to PPP projects is based on our end-to-end capabilities across a project’s lifecycle,” says CIMIC Group chief executive officer Michael Wright.

“Utilising our technical and operational expertise, and our financial strength, we will work in partnership with the Department of Corrections to deliver a high-quality facility of long-term value for New Zealand.”

“Pacific Partnerships is now delivering three PPPs in New Zealand across the education, transport and corrections sectors,” says managing director Martin D’Uva.

“The Waikeria Prison PPP allows us to continue delivering whole-of-life project solutions, operational performance and value for all stakeholders.”

The Waikeria Corrections and Treatment Facility will be operated by the Department of Corrections and will deliver accommodation for 500 prisoners, along with a secure mental health unit.