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Agreement on Shenzhen River works
An agreement has been reached between the Hong Kong Government and the Shenzhen Municipal Government to start immediately the Stage I works of the Shenzhen River Regulation Project.
The agreement was reached at the fifth meeting of the joint working group on the Shenzhen River Regulation Project held in Shenzhen today (Thursday).
It was also agreed at the meeting that Stage I works would be entrusted to the Shenzhen Municipal Government who will be responsible for the management and supervision of the works.
The contract will be awarded to a joint venture company comprising the China Shenzhen International Co-operation (Group) Company Limited, the fourth Harbour Engineering Bureau of the Ministry of Communications and the China Water and Water Power 13th Engineering Bureau.
The construction cost and management fees will be shared equally by the Hong Kong Government and the Shenzhen Municipal Government.
Stage I works will involve the straightening of two meandering sections of the Shenzhen River near Liu Pok and Lok Ma Chau, which at present severely restrict the flood-carrying capacity of the river.
Works are expected to begin later this month for completion in May 1997.
At today's meeting both sides also discussed the progress of the Environmental Impact Assessment Study for Stage II of the project which will be completed soon and agreed to start discussion on other essential preparatory work for Stage II.
End/Thursday, May 4, 1995