Page 70 - 2015_SpecialReport_web
P. 70
5 Special Report on the State of Business in South China
Rail
Recently, ve new rail projects expanded Hong Kong’s
network by 35 percent to over 200 kilometers, with an increase
in public transit service from 31 percent to 39 percent. e
city’s major rail projects include the 7.4 kilometer extension
of the Kowloon-Canton Railway (KCR) from SheungShui
to Lok Ma Chau Spur Line and the Guangzhou-Shenzhen-
Hong Kong Express Rail Link worth US$8.6 billion.
Ports and waterways
e Hong Kong port handles about 3/4s of Hong Kong’s
total cargo throughput and is among the world’s busiest
container ports by cargo throughput. ere are nine container
terminals in Kwai Chung-Tsing Yi basin under the operation
of ve di erent operators, namely, the Modern Terminals,
Hong Kong International Terminals Ltd, COSCO-HIT, DP
World and Asia Container Terminals Ltd. ere are some
800 shipping-related companies in Hong Kong that provide
comprehensive maritime services including ship registration,
legal and dispute resolution services, ship nancing and marine
insurance, and ship-ownership and vessel management.
70
Rail
Recently, ve new rail projects expanded Hong Kong’s
network by 35 percent to over 200 kilometers, with an increase
in public transit service from 31 percent to 39 percent. e
city’s major rail projects include the 7.4 kilometer extension
of the Kowloon-Canton Railway (KCR) from SheungShui
to Lok Ma Chau Spur Line and the Guangzhou-Shenzhen-
Hong Kong Express Rail Link worth US$8.6 billion.
Ports and waterways
e Hong Kong port handles about 3/4s of Hong Kong’s
total cargo throughput and is among the world’s busiest
container ports by cargo throughput. ere are nine container
terminals in Kwai Chung-Tsing Yi basin under the operation
of ve di erent operators, namely, the Modern Terminals,
Hong Kong International Terminals Ltd, COSCO-HIT, DP
World and Asia Container Terminals Ltd. ere are some
800 shipping-related companies in Hong Kong that provide
comprehensive maritime services including ship registration,
legal and dispute resolution services, ship nancing and marine
insurance, and ship-ownership and vessel management.
70
