Browsing: Industry News

Public works worth $3.4b awarded Sept

The government and affiliated organisations awarded public works contracts totalling HK$3.36 billion in September 2013. The Civil Engineering and Development Department was the leader in terms of total value of work awarded, at HK$1.2 billion, although


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A Stonecutters Bridge Too Far

A failed bid to overturn an arbitration award casts the spotlight on the troubled project Nearly four years after completion of the iconic Stonecutters Bridge, an attempt by the main contractor to get more payment in


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MTRC kicks off tender process for SCL harbour tunnel

But contractors will have to dig deep for tendering costs Tendering costs are part and parcel of a contractor’s lot. You’ve simply got to spend it as part of the head office overheads if you want


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Wage bonanza for construction workers

Union says 200,000 workers benefit from wage hikes The money being splashed around due to the current boom in the construction industry has continued to trickle down to the rank and file with some lucky souls


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Derek Smyth, who has died aged 65, was a well-respected engineer best known for his tireless campaign to improve Hong Kong’s appalling site safety record. If there was one man who can be said to have


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De-coupling from China

In an interconnected world, “decoupling” is the idea that it’s possible for one country to avoid the transmission of economic pain from another. It holds that, although an emergent economy may have depended on its more


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Import labour for certain trades, says CIC

Council warns of continuing shortages of trained workers In a move that is likely to further irritate the unions, the Construction Industry Council is calling for labour imports in order to satisfy the relentless demand for


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Security of payment legislation coming by 2015/16

Govt working group to draft legal framework for discussion Imagine you agreed to do some work for a main contractor on his property project for a certain sum. Happily you finish a bit earlier with slightly


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CT9 main contractor saves $100m over dumping payments

Top court judges rules in favour of joint venture Eight years after completion, the main contractor on the Container Terminal 9 project has won a high-stakes legal battle, saving itself about HK$100 million in payments to


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Public works contracts worth $3b awarded in August

The government and affiliated organisations awarded public works contracts worth a total of HK$3.07 billion during August, about half of which was related to public housing. The Housing Authority awarded contracts worth a total of HK$1.54


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