Posted inBusiness, Hong Kong

Gov’t to pay up to HK$84.42 bn for high speed rail in latest estimate

In a fresh agreement between the government and the MTR Corporation (MTRC),  the latest estimated cost of the high speed rail project was set at HK$84.42 billion. The government will pay up the new amount, meaning the MTRC will have to pay for any further cost. The latest estimate decreased by HK$880 million since the last cost estimate of HK$85.3 […]