PARK HYATT CONTRACT LET

Artist's impression of the Park Hyatt Hotel Wynyard Quarter. Credit - New Zealand Herald

The contract for the new $200m Park Hyatt in Auckland’s Wynyard Quarter has been let to China Construction NZ (CSCEO), part of the giant China State Construction group in a joint venture with the McConnell-owned Hawkins company. The joint venture is also bidding for the $175m St James Apartment tower in the city’s Queen Street. CSCEO is reported to be the world’s biggest builder by revenue currently standing at over $US100 billion.