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WA canceled $1.6B Perth convention center upgrade, redirecting funds to hospitals due to cost concerns.
The Western Australian government has canceled the $1.6 billion Perth Convention and Exhibition Centre upgrade, redirecting $1.5 billion to hospital expansions amid concerns over rising costs and infrastructure impacts.
Officials cited the need for better value for taxpayers and prioritized healthcare over event facility upgrades, with funding drawn from operating surpluses.
While leaseholders Wyllie and Brookfield had not provided a firm cost, officials estimated an additional $500 million would be needed for road and rail upgrades.
Tourism leaders warned the move could cost the state $180 million annually in lost economic returns and forfeit $10.8 billion in long-term revenue, comparing the project to the successful Perth Stadium investment.
The PCEC funding was not formally included in any budget documents.
WA canceló la mejora del centro de convenciones de Perth por $1.6B, redirigiendo fondos a los hospitales debido a preocupaciones de costos.