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 billion with Hip Hing Engineering, a subsidiary of NWS Holdings (0659) bagging the contract for public rental housing at Tai Po and public transport interchange at Hung Shui Kiu worth HK$516.3 million.
It also awarded two district term contracts for maintenance, improvement and vacant flat refurbishment worth a total of HK$522.3 million, one of which was awarded to Shui On Building Contractors, a unit of SOCAM Development (0983), for a contract sum of HK$255.4 million.
Over the past few years, the government has been ramping up production of public rental housing and subsidised housing amid continuing public discontent over the affordability of housing.
The Civil Engineering and Development Department awarded two contracts worth HK$427.7 million, of which a contract worth HK$369.3 million was awarded to China International Water & Electric Corporation for dredging works in Kwai Tsing Container Basin.
Last June, the Finance Committee of the Legislative Council approved funds totalling HK$488.2 million at money-of-the-day prices for the dredging project, completion of which would allow the container terminals at Kwai Tsing to accommodate ultra large container ships.
Meanwhile, the MTR Corporation (0066) was busy with its Shatin to Central Link project, awarding three contracts worth a total of HK$641.7 million.
The project’s contract for the communications system for phase 1 was awarded to Siemens for a sum of HK$431.3 million.
Separately, late last month the MTRC appointed engineering consultant AECOM to provide design and tender services for the cross-harbour tunnel of the North South Line of the Shatin to Central Link.
A section of immersed tube tunnels 1.4 kilometres in length across Victoria Harbour would link two sections of cut-and-cover tunnels at Causeway Bay and Hung Hom.