Cheung Kong Infrastructure Holdings is likely to outpace fellow infrastructure concern Hong Kong Construction (Holdings) for a place in the six-member consortium bidding for the 2.4 billion yuan (about HK$2.23 billion) Western Corridor project linking Yuen Long and Shenzhen. Hong Kong Construction - known formerly as Kumagai Gumi (Hong Kong) before it was bought by China Everbright International - has expressed an interest in the project. Shenzhen Expressway chairman Chen Chao said the H share would lead the consortium and take a 23 per cent stake in the project. Others in the consortium included red chip Shum Yip Investment with about 20 per cent, China International Trust and Investment Corp, Huajian, an infrastructure arm of the Ministry of Communications, and Tianjian, controlled by the Shenzhen municipal government. Cheung Kong Infrastructure was a more likely candidate for the remaining slot than Hong Kong Construction, Shenzhen Expressway chief accountant Tao Hong said. Mr Chen said the parties had initially agreed to participate in the joint effort, but a formal letter of intent had yet to be signed. The project involves the construction of a 5.26 kilometre dual-three lane bridge over Shenzhen Bay and the development of a customs control zone covering 50 hectares. Shenzhen Expressway's share of the estimated 2.4 billion yuan project is expected to be 276 million yuan. Mr Chen said the project was awaiting approval from the State Development Planning Commission, but was hopeful consent could be given this year. Shenzhen Expressway said its financial position was sound and that it was fully capable of funding the project through internal resources.