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January 20, 2016

'Serious consequences if rail fund is delayed' - RTHK

rthk.hk - Express NewsToday, 11:30
  • The Secretary for Transport and Housing, Anthony Cheung, has warned of "serious consequences" if construction of the cross-border express rail link is suspended due to lack of funds. Photo: RTHK

    The Secretary for Transport and Housing, Anthony Cheung, has warned of "serious consequences" if construction of the cross-border express rail link is suspended due to lack of funds. Photo: RTHK

Anthony Cheung talks to RTHK's Janice Wong

The Secretary for Transport and Housing, Anthony Cheung, warned on Wednesday that there will be "serious consequences" if the construction of the Hong Kong-section of the express rail link to Guangzhou is suspended. 

The government is seeking lawmakers approval for an additional HK$19.6 billion in funding for the project, which has suffered delays. Cheung said if they do not approve it by the end of next month, the government will have to start thinking whether to suspend work. 

He said the HK$65 billion approved earlier by legislators is expected to run out in July, and the government cannot wait until then to make a decision.

Cheung said if the government suspends work, and then decides to restart it, it will have to go through a whole new tendering process which could lead to more expenditure and longer delays.

http://news.rthk.hk/rthk/en/component/k2/1237029-20160120.htm