Funding to be reduced for gov’t ‘cash for bids’ plan at Kai Tak Sports Park, says lawmaker

A lawmaker has said that the government is to reduce the amount of funds assigned to a “cash for bids” plan at the Kai Tak Sports Park construction project. To attract bidders, the government initially planned to provide incentives of up to HK$60 million – or half of the bidding cost, whichever is higher – for each of the three potential construction firms. … Continue reading Funding to be reduced for gov’t ‘cash for bids’ plan at Kai Tak Sports Park, says lawmaker