Hong Kong elevated transit project winners to get property development rights

Hong Kong elevated transit project winners to get property development rights

Successful bidders for four elevated mass transit projects in Hong Kong, including proposed infrastructure in Kai Tak, will be granted property development rights in the surrounding areas to help provide long-term funding support. The Executive Council, the city’s key decision-making body, on Friday approved the granting of property development rights at nominal premiums for three…

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Hong Kong elevated transit project winners to get property development rights

Hong Kong elevated transit project winners to get property development rights

Successful bidders for four elevated mass transit projects in Hong Kong, including proposed infrastructure in Kai Tak, will be granted property development rights in the surrounding areas to help provide long-term funding support. The Executive Council, the city’s key decision-making body, on Friday approved the granting of property development rights at nominal premiums for three…

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Hong Kong to update railway standards with national measures to help cut costs

Hong Kong to update railway standards with national measures to help cut costs

Hong Kong is seeking to incorporate national railway standards into local benchmarks in a bid to greatly cut costs and raise efficiency, paving the way for standardised rules and their wider application in future government projects. The move will also help facilitate the export of mainland Chinese building technology, such as modular integrated construction (MiC),…

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