Posted inHong Kong

Hong Kong to pay HK$2.36b in overrun costs for mega bridge project

Hong Kong will pay a share of RMB 2 billion (HK$2.36 billion) for overrun costs in the Hong Kong-Zhuhai-Macao Bridge project. The latest approved project estimate for the main bridge is about RMB 48.1 billion (HK$56.8 billion). The government announced in November that the bridge project ran up a budget overrun of RMB10 billion (HK$11.7 billion at the time). […]