Hong Kong's next big railway project could be the proposed North Island Line - a controversial HK$10 billion backup subway parallel to a busy section of the MTR's Island Line.
Or it might be a new route that makes a loop of the East Rail and West Rail lines in the New Territories, by connecting the latter's Kam Sheung Road Station with the former's Lok Ma Chau.
Both could go ahead, or neither.
These are the big questions facing Aecom Asia, the firm that has been given two years to update the city's railway-development strategy and review the feasibility of several proposed rail projects, including cross-border trains linking Hong Kong and Shenzhen airports.
Some planners believe that the so-called Northern Link in the New Territories would yield the most benefits for the least money. It would greatly improve mass transit for people from Yuen Long, Tuen Mun and Tsuen Wan, while being built on mostly uninhabited land.
It would be more difficult to create the 3.5-kilometre North Island Line - which would connect Hong Kong station with Fortress Hill, and Tin Hau directly with North Point, all in parallel with the existing Island Line. And it would be a more difficult sell to the public.