PHOTO: SUPPLIED The total cost of Lyttelton’s new purpose-built cruise berth has jumped from $56m to $67m, including contingencies. An artist’s impression of the facility due to open in November 2020.
The Lyttelton Port Company has confirmed design changes to its new cruise berth have pushed the price up by $11 million.
Chief executive Peter Davie said the total budget including contingencies was now $67m, compared with the original estimate of $56m.
But he is hopeful the full contingency will not be needed, and any borrowing needed to cover the cost increase could be serviced by bookings.
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