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Gov't monitors project costs

June 30, 2015

Responding to reporters' queries that the Guangzhou-Shenzhen-Hong Kong Express Rail Link may face cost overruns, Chief Executive CY Leung said today the Government will try its best to control the cost of all public works projects and finish the rail construction as soon as possible.

 

The MTR Corporation is expected to submit the project's latest cost estimates to the Government today, with some media reports estimating that the final budget could exceed $90 billion.

 

Mr Leung said the relevant bureau will issue a response after the MTRC releases the new figures.



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