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South East Asia | Market report 2016Subscription
Market overheating, project delays and cost overruns are giving way to a period of steady, rather than spectacular, construction growth across key markets in the Asia Pacific region over the next few years.
Pell Frischmann solves ownership problemSubscription
Consultant Pell Frischmann is now owned by a German investment trust in a deal which preserves its independence and identity.
Private rail is back on the agendaSubscription
Privately financed rail infrastructure deals may be on the cards once again, as chancellor George Osborne seeks to reconcile budget cuts with a commitment to transport spending in next month’s Comprehensive Spending Review.
Cost overruns and delays have plagued Hong Kong metro operator MTR’s massive £12bn transport infrastructure programme, but what has caused the problems?
Labour shortages, tunneling problems and unexpected steel fabrication complexities have seriously delayed and added £2.5bn to the cost of Hong Kong’s high speed rail link to mainland China.
Caverns and congestion: Kwun Tong Line ExtensionSubscription
In a vast excavation site at Ho Man Tin a major new interchange between two of MTR’s newest subway lines is taking shape.
Tunnelling and underground work are now the main focus of civil engineering work on MTR’s 7km long South Island Line (East) project, which will link Hong Kong Island’s busy business district in Admiralty with the Southern District, terminating at South Horizons on Ap Lei Chau.
Getting ready to open: West Island LineSubscription
MTR’s £1.3bn West Island Line is in its critical final stages as its project team prepares for completion at the end of this year.
Speeding to mainland China: Express Rail LinkSubscription
MTR’s project to build a high speed rail link to mainland China has had to overcome some tough challenges to remain on track for completion in 2015.
Busy Ma Tau Wai Road in Kowloon City is presenting one of the first major challenges to the MTR team working on phase one of the 17km, £5bn Shatin to Central Link.