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SkyCity Pushes Back NZICC Opening to 2026

Feb 07, 2025

Highlights:

  • NZICC opening delayed to February 2026 due to contractor-related setbacks, as confirmed by SkyCity Entertainment Group Limited (NZX: SKC).
  • SkyCity is formalizing contracts for conferences scheduled from the new opening date, ensuring future bookings remain on track.
  • CEO Jason Walbridge highlights NZICC’s importance in driving SkyCity’s future growth and boosting Auckland’s tourism sector.

Further Delays Hit Convention Centre Project

SkyCity Entertainment Group Limited (NZX: SKC) has announced another delay in the opening of the New Zealand International Convention Centre (NZICC). In a statement to the New Zealand Exchange (NZX), the company confirmed the venue is now scheduled to open in February 2026, citing contractor-related setbacks.

Contractor Delays Blamed for Postponement

The NZICC project, initially expected to be a major economic driver for Auckland, has faced multiple delays since its inception. SkyCity attributes the latest postponement to ongoing construction challenges and issues with contractors. The company has stated that it is moving forward with formalizing contracts for conferences scheduled from the new opening date.

Critical for Future Growth

SkyCity’s CEO, Jason Walbridge, has previously emphasized the NZICC’s role in driving future growth for the company. The venue is expected to attract large-scale international events, boosting tourism and the local economy.

Market Reaction

At the time of writing, SkyCity’s shares have remained relatively stable despite the announcement. Investors are closely watching how the company navigates these delays and manages costs associated with the extended timeline.

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