Public works projects with a total value of nearly HK$80 billion are set to awarded in the new financial year as the government maintains its high level of capital works expenditure. According to the estimates included
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Browsing: Industry News
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The government’s new budget may have been panned for not doing enough to help the needy, for the construction industry at least the continuing high level of public spending on infrastructure and new spending proposals in
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A civil trial is looming over allegations of defamatory remarks made by a trade organisation of concrete producers and other persons and companies concerning a concrete batching plant in Yuen Long. The case concerns Excel Concrete
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Revaluation gains on investment property and on land under redevelopment helped infrastructure and property company Hopewell Holdings (0054), controlled by tycoon Sir Gordan Wu Ying-sheung, push its interim profit 470 percent to HK$10.4 billion. In its
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Mid-sized contractor PY Engineering (0577) is proposing to change its name to better reflect its new business orientation as a casino property investment company. In a stock exchange announcement last week, the company said it plans
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Yau Tong dissenting owners There are four remaining owners who are still not playing ball with the developer in the Yau Tong shipyard redevelopment project. The owner of Wing Shan Industrial Building has been a thorn
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A gigantic precast unit, possibly Asia’s largest ever precast unit, is set to arrive in Hong Kong next month to be installed as part of the Central-Wanchai Bypass. “The whole precast unit is being manufactured at
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The construction industry could face a severe shortage of engineering staff if the government continues to pile on more work for contractors and consultants, according to the Hong Kong Institution of Engineers. Staff vacancies in engineering
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Having a good record for safety is far more an important factor in reducing premiums for employees’ compensation cover rather than simply relying on a Pay for Safety Scheme in the contract, according to the insurance
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The Development Bureau is set to implement revised tender limits and financial criteria for approved contractors bidding for public projects during the second quarter of 2013 after reviewing the responses collected during a recent consultation. In
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