TNAG-2127-FCO40-3037-Investment-in-Hong-Kong-1990 — Page 54

1

FRIT

The Choune Rong group

leost $40 billion) over the next

Development cí sex

2) HK Electr

Residential

Sex Les of local pro

o y

3 years, including:

termina 1

10

inced

investment

SIO BA1

ATYOU

oprenc Projects

Fin Shut

LAR

in

አ --

(80) 90/1

at

eintly with China Resourcesi, Cha Kwo Ding, and with Kumegan Gumi and CIZIC);

Development of a $4 billion residential complex in

Lei Chau.

Queensway, comp

complexes.

hote

COMIC

developing the Pacific Place

sifica and Sw

is

Also building 2 twin-tower complex in Taiko Shiny, At cost se00 million and Cue completion in 1992.

SHK

and Sino Land paid a record $3.35 pillion for Hai cha site Oppos

the MKCEO to develop

FA

a

for

73 Storey

(SCM

tower project.

consortium including Great Eagle, Sung Foo Kea, Hing ai Exporters, Kanhattan Garmente, Citicorp and Singapore-based Robert Kwok group has VOR the tender for A prima Central satu in Garden Road next to the Bank of China Building $2.7 billion

develop ū massive comme comprising CHO office towers. billion)

فية

project (Total investment

$5.5 IHR Economic Journal 09/7; 89/12)

SHK plans to build a twin-tower office complex in Kwai Chung સપ .... $950 md ien. The company is also building a 30- y commercial building in North Point at cost 3300 million.

12/127

Amoy Prope ties of the Hang Lung croup has won the for the 1.1 hectare Peak Mansion site at 9326 million develop a comprehensive commercial complex scheduled completion in mid-1992. (Total investment $1.2 billion)

tender

C3

For

wharf Holdings is developing the Time Square, a $1.5 billion commercial complex at the old tramway depot in Causeway Bay, due for completion in 1992.

(HK Standard 90/11

The government is lanning to redevelop Central Government Offices at cost $1.23 billion and due for completion in five years

The new office complex Will Bccommodate General Post Oice and other public government

nen

ices.

(SCHP 90/51

The Hutchison group plans to develop a project comprising 2 office buildings and a 700-room hotel in Hung Hom near the Whampoa Garden. (Total investment $1.4 billion)

(HK Economic Times 90/11

KCRC plans to develop a 910-room hotel and office/commerci project atop the Mong Kok zailway station. (HK Standard 90/

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