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Watercare to fund $1.2b project through borrowing

Mayor Phil Goff's proposal to raise funds through investment to free up borrowing for other projects falls on deaf ears.

Mackenzie Smith
Wed, 11 Jul 2018

Auckland’s Watercare says it will self-fund its ambitious $1.2 billion tunnel project through borrowing, despite Mayor Phil Goff saying a new model was needed to free up debt for other projects.

The Central Interceptor is a planned 13km tunnel between Western Springs and the Mangere wastewater

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Mackenzie Smith
Wed, 11 Jul 2018
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Watercare to fund $1.2b project through borrowing
General Business,
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