The government and the city signed an agreement

The casino will fully fund the $402 million centre in exchange for gambling concessions.

The contract was signed on Friday, Art Culture a spokesman for Economic Development Minister Steven Joyce has confirmed to NZ Newswire.

The details of the deal will be released on Saturday morning, he said.

The negotiations were originally supposed to be completed by June 14, but were pushed out to June 30, Limited company Hong Kong then July 5 after the sides failed to reach an agreement.

A commitment to complete the deal for the New Zealand International Convention Centre was unveiled on May 13.

It was announced then that the convention centre would cater for up to 3500 international conference delegates at any one time, with construction expected to begin next year and opening for business in 2017.

SkyCity would operate the convention centre for at least 35 years, and fund its construction, fit-out and land costs, Asian college of knowledge management in exchange for: