Two major rebuild projects in Christchurch worth close to $1 billion have been endorsed by Prime Minister John Key.
Visiting the city today, Mr Key viewed progress on the $217 million Metro Sports facility under way between St Asaph St and Antigua St, and attended the signing of a $650 million contract to rebuild Burwood and Christchurch hospitals.
Leighs Cockram JV Ltd, a joint venture between Leighs Construction and Australian company Cockram Corporation, has been awarded the contract to redevelop Burwood Hospital.
"This is an important day for Cantabrians - the day we front up with the money," Mr Key said.
Health Minister Tony Ryall said the Government had set aside $500m from the Future Investment Fund to rebuild both hospitals at an expected cost of $650m.