The New Zealand government is negotiating to build the country's largest convention center, in hopes that the country will become a more prominent choice for international meetings. "An international-sized convention center is essential for New Zealand to tap into the growing market of high-value business visitors that we are currently missing out on," Prime Minister John Key said in a statement. The government is working with developer SkyCity on the project; the company has agreed to foot the bill for the US$286 million center. SkyCity also has asked the government to consider some alterations to gambling regulations, but, Key said, "Any changes to gambling regulations will be subject to a full public submission process." There is no timeline yet for the construction of the center.