Page 276 - 2016_WhitePaper_web

6 White Paper on the Business Environment in China

Rail
Recently, five new rail projects expanded Hong Kong’s net-

work by 35 percent to over 200 kilometers, with an increase in
public transit service from 31 percent to 39 percent. The 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

The Hong Kong port handles about 3/4s of Hong Kong’s
total cargo throughput and is among the world’s busiest con-
tainer ports by cargo throughput. There are nine container ter-
minals in Kwai Chung-Tsing Yi basin under the operation of
five different operators, namely, the Modern Terminals, Hong
Kong International Terminals Ltd, COSCO-HIT, DP World
and Asia Container Terminals Ltd. There are some 800 ship-
ping-related companies in Hong Kong that provide compre-
hensive maritime services including ship registration, legal and
dispute resolution services, ship financing and marine insur-
ance, and ship-ownership and vessel management.

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