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  1. Buy stakes in two tunnels, say lawmakers

    Posted Oct 23rd 2008, 12:00am by Anita Lam

    ... cross-harbour tunnels. The government should abandon the study and instead buy Citic's stakes in the two private companies that manage the Eastern and Western tunnels, Mr Cheng said. He suggested ... in the Western Harbour Tunnel Co would not give it complete control- Cross-Harbour Holdings owns 50 per cent of the shares. Charles Li Kui-wai, an associate professor of economics and finance at City ...

  2. In Brief

    Posted Nov 20th 2008, 12:00am by Staff Reporter

    ... for ex gratia payments of HK$15.93 million and HK$14.07 million respectively. Lawmakers propose ways to cut cross-harbour tunnel tolls Lawmakers have passed a motion urging the government ... Secretary for Transport and Housing Eva Cheng said the authorities had commissioned studies into how to balance traffic flow in the three cross-harbour tunnels and would talk to the companies ...

  3. Transport minister rejects tunnels buyout

    Posted Oct 25th 2008, 12:00am by Anita Lam

    ... tunnels now rather than wait for the results of a study on tunnel operations. The buy-back was suggested as a way to give the government more control over toll prices as it seeks to better manage traffic at the city's three cross-harbour tunnels. But Ms Cheng said buying Citic's 35 per cent stake in the Western Harbour Tunnel Co would not give the government majority control. ...

  4. Quotes of The Week

    Posted Oct 25th 2008, 12:00am by Alex Lo

    ... Council's transport panel, urging the government to buy Citic's stakes in the two cross-harbour tunnels to ease congestion. He was also referring to a Citic subsidiary that had booked ...

  5. Wall mart

    Posted Apr 03rd 2005, 12:00am by David Evans

    ... at the entrances to cross-harbour tunnels means drivers and passengers are spending longer in front of billboards and therefore subconsciously absorbing more information. According to Chu, veterans of her ...

  6. A good deal for Li Ka-shing but an ugly warning for HK

    Posted Aug 19th 2010, 12:00am by Tom Holland

    ... with Tom Holland When the Channel Tunnel first opened back in 1994, the undersea link between the European continent and Britain was rightly hailed as an engineering marvel. But for Brits, ... and the windows would black out as it entered the tunnel. After another 20 minutes you would burst back into the light to find yourself in England, and the train would slow down again- right down. ...

  7. Facilitator of history

    Posted Nov 15th 2008, 12:00am by Gary Cheung

    ... turned a cross-harbour ferry into a yacht on which he entertained several US presidents. It was by no means the luxury type you imagine,' said Mrs Sohmen, whose husband, Helmut Sohmen, ...

  8. Turbulent beginnings

    Posted Nov 06th 2003, 12:00am by Anthony Lawrance

    ... to deliver the paper cross-harbour instead). The Post made a profit of $4,197 that year, even though the directors were worried about the looming first world war. Despite the uncertainty, the Post ...

  9. CKI pays $1.3b for 40pc stake in Sydney toll-road project

    Posted Jul 05th 2004, 12:00am by Russell Barling

    ... of the Lane Cove Tunnel Co, which in December last year won a 33-year concession to build, operate and transfer a tunnel that connects the northwestern suburbs of Sydney with the central ore. The 3.6km tunnel project, on which building began in April, will cost an estimated A$1.7 billion (HK$9.31 billion) and it is scheduled for completion by mid-2007. 'We have been pursuing quality ...

  10. CKI still in race for high-speed rail

    Posted Sep 15th 2010, 12:00am by Toh Han Shih

    ... Tunnel, the person said. The first round of bidding was completed last week, said another person familiar with the deal, based in Britain. 'Given that the bidding process is expected ...




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