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July 15, 2015

MTRC was overconfident on Guangzhou link, says CEO

15-07-2015

Report by Damon PangThe work on the long distance link overshot both budget and time schedule. RTHK photoThe CEO of the MTR Corporation has conceded that - with hindsight - it was unfounded optimism to think that workers could catch up on delays to the express rail link to Guangzhou.

Lincoln Leong is the first MTR representative to attend a Legco select committee inquiry into the delay.

The project was meant to be finished next month but is now around three years behind schedule, at a cost overrun of about HK$18 billion.

Mr Leong apologised for the delays not being made public until April last year. He told lawmakers the MTRC had been too confident that it could catch up.

http://rthk.hk/rthk/news/englishnews/20150715/news_20150715_56_1116242.htm