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Did negotiations with NEC New Zealand Ltd. result in any agreement regarding the recovery, allocation, or payment of sunk costs; if so, what was agreed?

Answered Question 33841 (2026)
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Asked by

Ricardo Menéndez March

List MP · Green Party

Question

  • Did negotiations with NEC New Zealand Ltd. result in any agreement regarding the recovery, allocation, or payment of sunk costs; if so, what was agreed?

Answered by

Hon Erica Stanford

Member for East Coast Bays · National Party · Minister of Immigration

Answer

I am advised that the Ministry of Business, Innovation and Employment reached an agreement with NEC New Zealand on 15 June 2026. Details of any payments are confidential and commercially sensitive.