http://www.china-briefing.com/news/2008/07/31/hong-kong-macau-zhuhai-bridge-financing-to-be-government-backed.html Fri, 10 Feb 2012 06:20:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.china-briefing.com/news/2008/07/31/hong-kong-macau-zhuhai-bridge-financing-to-be-government-backed.html/comment-page-1#comment-18419 Chris Devonshire-Ellis Fri, 08 Aug 2008 08:20:49 +0000 http://www.china-briefing.com/news/2008/07/31/hong-kong-macau-zhuhai-bridge-financing-to-be-government-backed.html#comment-18419 August 8th: Indeed the Hong Kong Government's Chief Executive, Donald Tsang, has just announced the financing will be as we have reported. Construction will now commence within the next 18 months. However, the issue over equity stakes has yet to be decided, although the State Council has approved the financing plan - which covers 42% of the required costs. 58% will still be raised privately by government backed bonds. The bridge is expected to be completed in 2016. August 8th: Indeed the Hong Kong Government’s Chief Executive, Donald Tsang, has just announced the financing will be as we have reported. Construction will now commence within the next 18 months. However, the issue over equity stakes has yet to be decided, although the State Council has approved the financing plan – which covers 42% of the required costs. 58% will still be raised privately by government backed bonds. The bridge is expected to be completed in 2016.

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