Macau will be expected to pay around RMB4.65 billion (USD680 million) toward the cost of the planned super bridge across the Pearl River Delta linking Hong Kong, Zuhai and Macau according to a new study.
The sum is equivalent to 15 percent of the RMB31 billion (USD4.54 billion) cost of the publicly funded portion of the structure. Some additional funding is expected to come from the private sector.
The financial contribution from each of the three cities served by the bridge will be proportional to the projected economic benefit in the two decades following the bridge’s expected completion in 2016, says the Hong Kong government report. On that basis, the boost to Macau in terms of cost and speed of freight movement and shorter travel times for visitors is put at RMB7.1 billion.
RelatedPosts
