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Legislative Assembly for the ACT: 1999 Week 7 Hansard (2 July) . . Page.. 2156 ..

Ms Carnell: The answers to the Member's questions are as follows:

1. The Stadium redevelopment has been completed in stages. Each stage has been undertaken through a separate contract. Amounts paid to date are as follows:

Stage 1 2,682,490

lowering and re-establishment of playing surface

Stage 2 6,060,000

installation of the new inner bowl seating

construction of change room facilities

Stage 3 11,982,563

redevelopment of the Eastern Grandstand

Stage 4 7,365,547

redevelopment of Western Grandstand

East Stand roof

Total 28,090,600

2. The current project control limit of $32.6m includes all contracts.

3. As the Member is aware, the redevelopment is currently being 'project financed' through the Central Financing Unit prior to the finalisation of the private sector financing package. The external financing of the project will ensure a Government contribution of $12.3m when the project is completed with all other costs covered by the financing package.

Fujitsu - Business Deal

Mr Kaine asked the Chief Minister, on 4 May 1999:

In relation to the operations of Fujitsu in the Territory and the assistance provided to them by the ACT Government:

1. Can the Chief Minister tell the Assembly what was the total value of the tax payer funded incentives that went to Fujitsu including both cash contributions and foregone revenue to the Territory?

2. Can the Chief Minister, tell the Assembly how many of those 900 jobs have in fact materialised? It is now a year and a half later. There must be a significant number of them in place presumably?

Ms Carnell - The answer to the Member's question is as follows:

1 . As stated previously the majority of the assistance provided to Fujitsu has been by way of accommodation and payroll tax relief.

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