New World First Bus

First Bus gets early access to site

PUBLISHED : Wednesday, 12 August, 1998, 12:00am
UPDATED : Wednesday, 12 August, 1998, 12:00am

New World First Bus has been granted early access to the future site of its depot as negotiations over China Motor Bus' facility remain unresolved.

First Bus said the Government Property Agency had given it the go-ahead to use the 125,000-square-foot site in Shing Tai Road, Chai Wan, from September 1. The vacant lot will be developed into First Bus' depot over the next three years. The site can accommodate about 100 vehicles at present.

A deal to lease CMB's depot for the three years is still being negotiated and extra space is needed to park the more than 600 vehicles First Bus will use from September 1 when it takes over the franchise.

First Bus said it hoped to reach an agreement over the CMB depot as soon as possible.