Hong Kong Rail Project Costs Increases

Hong Kong Rail Project Costs Increases
September 30, 2010 4:22 pm

The cost of building a new 7km medium-capacity rail line in Hong Kong, China, could increase by about 55% to HK$10bn ($1.28bn) from the original 2006 estimate of HK$7bn ($902m).<

MTR Corporation said the increase in the budget for the South Island Line (East) is mainly attributed to an increase in the price of construction materials.

The railway in Wong Chuk Hang will feature four new stations and a train stabling and maintenance depot.
According to the plan, the company will build 12,000m² of additional open spaces, including a 2,000m² pet park, promenade and a footbridge, and widen the Heung Yip road including new designs to build smaller viaducts.
Construction will commence in 2011 and will be complete in 2015.

Railwaynews.net is a railway information and news platform. Website presents from all around the world railway sector news, developments, projects and tender for the sector specialists. Railwaynews supports to industry events and announced them for potential participants. Railwaynews plans to collecting data from all around the world, about railway infrastructure, rolling stock, railway transportation datum, geographical datum to present for railway professionals for short term. Railwaynews will build new platforms aims to high value railway business environment for all railway specialists, railway fans and especially railway suppliers and their decision makers. Railwaynews presents whole information from rail professionals to rail professionals.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

No comments yet, be the first filling the form below.