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Building bridges

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Tens of billions of dollars will be spent on rail and road infrastructure in the Pearl River Delta, knitting closely the transportation networks of burgeoning industrialised cities.

Massive infrastructure works are either under construction or about to be started by local governments, with a common goal of spurring efficiency, logistics flow, tourism and economic activities.

A web of rail and roads will serve key industrialised and trade regions such as Guangzhou, Foshan, Macau, Shunde, Dongguan, Zhuhai, Shenzhen and Asia's financial hub Hong Kong, with a cumulative population of about 40 million.

The projects will provide much-needed logistics support to facilitate an expected surge in trade following the official signing of the Closer Economic Partnership Arrangement (Cepa) last month.

Financial analysts and businessmen widely expect the agreement to benefit 18 services industries in Hong Kong including management, consulting, construction, banking, freight forwarding and telecommunications, by allowing closer access to the mainland market.

Chief Executive Tung Chee-hwa has pledged his support for the infrastructure projects as part of the Hong Kong government's efforts to restore confidence and prosperity.

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