The government is spending $298 million on four new schools via a PPP (i.e. a private company is making a profit).
Education Minister Hekia Parata last week signed the $298 million contract with the Future Schools Partners (FSP) consortium to finance, design, construct, and maintain Ormiston Junior College in Auckland, Aranui Community Campus and Rolleston Secondary School in Canterbury and Wakatipu High School in Queenstown.
Eventually this will cover 6000 students and the set up cost equates to $9.83 million per 200 children.
Charter Schools are all charitable and their set-up equates to $1.12 million per 200 children. Read more »