Expert Predicts Final Bill for Hong Kong's Northern Metropolis to Exceed Initial Estimate Significantly
Wednesday, 22 May 2024, 15:45
Estimated Cost for Hong Kong's Northern Metropolis Project
Expert Lau Chun-kong highlights the discrepancy between the revealed HK$224 billion and the expected final bill.
Key Points:
- The government's estimate is considered preliminary and likely to increase.
- Veteran surveyor Lau Chun-kong warns that HK$224 billion is just a small part of the total cost.
Conclusion: The uncertainty surrounding the final cost of Hong Kong's Northern Metropolis project raises significant questions about the financial implications and planning of the massive infrastructure development.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.