A new arrangement for building a major rail link in Hong Kong’s Northern Metropolis mega development can reduce costs by up to 40 per cent through leveraging mainland China’s lower wages and construction standards, lawmakers have said.
Speaking to the Post on Wednesday, legislator Michael Tien Puk-sun said the financing agreement announced the previous day would satisfy the demand of Xia Baolong, Beijing’s top man on local affairs, to accelerate the development of the metropolis near the border…

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