3
Major Projects Undertaken by the Private Sector
(a)
(b)
(c)
(d)
Eastern Harbour Crossing being undertaken by a consortium comprising Japanese, Chinese, British and local interests at a cost of more than $3 billion which will be recouped over a franchise period running until 2016.
Tate's Cairn Tunnel at an estimated cost of $1.5 billion which will be recouped over a franchise period stretching past 2020. Six consortia, combining local and overseas interests, are competing for the right to build the tunnel.
Bank of China is investing heavily in a new headquarters building.
Chartered Bank is redeveloping its headquarters building at a cost of around $600 million.