The transaction, which marked the Hong Kong government’s first residential plot sale this financial year, involved a site at Hoi Chu Road in Tuen Mun, a district in proximity to Shenzhen Bay. “The sought-after site presents enormous potential,” Sino Land executive director Victor Tin said on Wednesday. “With beautiful sea views, proximity to the Greater…
Hong Kong lawmakers have accused the government of poorly managing the construction of the Tuen Mun-Chek Lap Kok Link, which went 12 per cent over budget to the tune of HK$3.9 billion (US$501 million) and was completed two years behind schedule. The road link connecting the airport, northwest New Territories and the Hong Kong-Zhuhai-Macau Bridge…
Hong Kong’s Audit Commission has found “unsatisfactory” reclamation work led to HK$1 billion (US$128.5 million) in additional costs for the Tuen-Mun Chek Lap Kok link, a much-delayed HK$47 billion road project. The auditor released a report on the project on Wednesday, highlighting that poor quality work had been present from the beginning and had caused…