South China Morning Post
International · 5 hrs ago
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Hong Kong should study how Singapore awards infrastructure contracts
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Accuracy 75/100
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Hong Kong's government has allocated HK$150 billion for infrastructure projects, and analysts are questioning whether the contracting methods used are sustainable for both the construction industry and the public.
Hong Kong should study how Singapore awards infrastructure contracts
As Hong Kong prepares for another major push in public works, one question deserves far more attention than it has received: are we buying infrastructure in a way that is sustainable for the construction industry and the public as a whole?
In his February budget, Financial Secretary Paul Chan Mo-po announced that HK$150 billion (US$19.1 billion) will be transferred from the Exchange Fund to support the Northern Metropolis and other infrastructure projects in the coming two years. This major...
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