Hong Kong Network Expansion
On 28 December 2014, we opened the Island Line Extension to Western District, the first of five new railway projects. The following list provides an overview of four projects that are still under construction. All together, the new railway projects, including the Island Line Extension to Western District, will expand the route length of our railway network in Hong Kong by about 25 per cent.
Hong Kong Network Expansion Projects
South Island Line (East) (82% completion) - The first metro service to the Southern District, extending from Admiralty to the southern part of Hong Kong Island and serving an estimated 350,000 residential and working population. We are responsible for financing this new line as well as for its design, construction, operation and maintenance. The most recent example of our Rail plus Property model will be in evidence on this line.
Shatin to Central Link (27% completion) - Extending the Ma On Shan Line from Tai Wai to Hung Hom and the West Rail Line and serving a residential population of 380,000 and employment population of 260,000 in its catchment area.
Kwun Tong Line Extension (72% completion) - Extending the existing line to connect Yau Ma Tei with the Whampoa area.
Express Rail Link (66% completion) - A 26km high-speed cross-boundary rail service connecting Hong Kong with Shenzhen, Guangzhou and the high-speed rail network in the Mainland of China.
In 2014, we announced delays in construction and delivery of all four projects and implemented new measures to enhance corporate governance relating to these works.
We recognise that in order to continue to connect and grow communities in parts of Hong Kong that are currently underserved by an efficient mass transportation system, we must continue to explore new opportunities to expand our network.