Construction giant Multiplex is suing the NSW government over cost blowouts on the new Sydney Fish Market in a case that threatens to tip the total bill for the project to $1.25 billion and bankrupt the company that runs the markets.

Multiplex has filed a $250 million lawsuit against Infrastructure NSW, which has brought a cross-claim against Sydney Fish Market for allegedly contributing to the cause of the action.

Neither the Sydney Fish Market nor Infrastructure NSW will commit to an opening date for the new site beyond saying that they expect partial completion to occur in November, “facilitating an opening prior to Christmas”.

According to the market’s annual financial report, Multiplex is claiming that INSW breached its contract and mismanaged the construction of the new Sydney Fis

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