Cost savings are likely for a key Hong Kong highway project.
Estimates suggest that the cost of the Northern Metropolis Highway project in Hong Kong will now be reduced. The 23km project was originally expected to cost US$145.1 million (HK$1.13 billion). It is now expected to cost $89.8 million (HK$700 million).
However, the project is now likely to take a further 12 months to complete, with tendering due in 2027 and the construction start anticipated in 2028. The work will help reduce Hong Kong’s chronic traffic congestion issues.
