Hong Kong to grant 3 property sites to sweeten East Kowloon transit project tender

Three property sites will be handed over to the future operator of the planned green transit system in Hong Kong’s East Kowloon to boost the project’s financial viability under arrangements approved by the government. The project, which will link Choi Hung and Ma Yau Tong, will be put to tender next month with the goal of opening the 7km (4.3 mile) rail line by 2033. Similar to the arrangements for the transit system in Kai Tak, the successful bidder for the East Kowloon project will be...

By Ng Kang-chung