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Old August 10th, 2016, 03:22 PM   #4061
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The Standard Excerpt
Well that'll cost us a lot more ...
August 10, 2016



MTR Corp has warned that the cost of the Sha Tin to Central Link could be revised upward significantly, partly due to archeological finds including ancient wells unearthed during excavation work.

Taxpayers could end up paying the bill, which is likely to go beyond the extra HK$4.1 billion previously revealed.

The target completion date is also pushed further back to 2021 and construction of the North South Corridor, linking Hung Hom with Admiralty, may be further delayed.

Lincoln Leong said the Sha Tin line was 60 percent complete in June.

"The handover of the new Exhibition Station work site is late," he said, "and discovery of a large metal object on the seabed also got in the way."

On the East West Corridor, linking Tai Wai and Hung Hom, it took time to consider what to do with the archeological finds in To Kwa Wan, which led to an 11-month delay.

Because of these events, MTRCL said the cost estimate for the project would go up significantly. It revealed earlier that an extra HK$41 million was needed to cover the costs incurred by finding artifacts dating back to the Song Dynasty.

"We are still at a mid and early stage to learn about the cost estimate," said Leong. "By the second half of next year we will have more concrete figure to report to the government and disclose to the public."

A shortage in construction workers is another difficulty faced, as with any other infrastructure project in Hong Kong.

Construction of the 17-kilometer link started four years ago.

The cost estimate was HK$38.17 billion back in 2007 but went up to $60 billion by 2009. In 2012, the government said the building cost was up 50 percent and therefore the estimate shot up further to HK$79.8 billion.

Together with the $4.1 billion that Leong said is needed, the figure could go up to HK$83.9 billion and beyond.
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Old August 10th, 2016, 10:08 PM   #4062
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Quote:
Originally Posted by hkskyline View Post
"The handover of the new Exhibition Station work site is late," he said, "and discovery of a large metal object on the seabed also got in the way."
What?! So many questions! What was found? Unidentified Sunken Object?
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Old August 11th, 2016, 04:43 AM   #4063
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Quote:
Originally Posted by Silly_Walks View Post
What?! So many questions! What was found? Unidentified Sunken Object?
My guess is they referred to this : http://www.skyscrapercity.com/showpo...&postcount=902
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Old August 11th, 2016, 05:18 AM   #4064
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Kwun Tong line extension is expected to open in October.
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Old August 11th, 2016, 03:29 PM   #4065
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Quote:
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My guess is they referred to this : http://www.skyscrapercity.com/showpo...&postcount=902
Thanks!
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Old August 13th, 2016, 06:51 AM   #4066
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Wednesday, August 10, 2016
Keeping MTRC running and the public happy
China Daily Excerpt

Troubled by delays and cost overruns in new railway construction, MTR Corp (MTRC), which is majority owned by the government, posted a sharp decline in profit for the 2016 first-half, compared with the same period a year ago.

The company explained that its income from property development had almost dried up, predicting there’ll be no new revenue generating projects coming on stream in the second half of the year.

The interim results have disappointed many minority shareholders who had bought the company’s shares as defensive stocks amid market uncertainties. Before Wednesday’s sell-off, MTRC shares had outperformed the benchmark index by gaining more than 13 percent since early this year.

Without income from property development, it’s doubtful if MTRC can maintain future dividend payouts that can live up to the company’s status as one that offers one of Hong Kong’s most trusted, defensive stocks by relying just on revenue from fares. As a government-controlled monopoly, raising fares is not simply a commercial decision.

MTRC’s fare structure has already drawn public outrage. Although railway fares in the SAR are still lower than those of many cities in other developed economies, they are seen by an increasingly agitated public as rising faster than inflation.

The corporation has defended its pricing policy by insisting it’s in compliance with the fare setting mechanism agreed with the government. But the explanation has only brought discredit to the mechanism which is widely criticized for allowing only fare increases without accounting for the company’s profitability.

MTRC Chairman Frederick Ma Si-hang is reported to have said that any attempt to cap the company’s earnings or link fares to its profit level would result in a profit squeeze that would hurt the majority shareholder, the government, the most.
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Old August 15th, 2016, 02:54 PM   #4067
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MTR - Island Line A145, Heng Fa Chuen by Howard Pulling, on Flickr
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Old August 18th, 2016, 02:55 PM   #4068
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The Standard Excerpt
MTR station trials hit new-line target date
Aug 18, 2016

The MTR Corp Ltd says it will be challenging to finish the South Island Line on time, according to a document it sent to lawmakers. By June 30, the overall work on the line was 96.8 percent complete.

"In view of the current progress, the target opening of South Island Line (East) would remain at the end of 2016," MTRCL said in the paper. "However, the continual construction challenges at the extension of Admiralty station have put the target commissioning date at risk."

It said remaining works critical to the target opening date would be the fitting-out, electrical and mechanical and building services installation works at Admiralty station. The corporation said the timetable to complete these critical works is extremely tight due to congested site conditions and logistic challenges in the busy station.

Ben Chan Han-pan, chairman of the subcommittee on railways in the Legislative Council, said the situation is unclear and blamed the rail operator for being secretive.

Chan said he doubted whether the project will be completed on time.

"It is not the first day the challenges at the Admiralty station surfaced," Chan said yesterday. "At least there should be a progress report so we can get hold of the situation."

He also said lawmakers had requested a site visit to check on the severity of the problems but it was turned down by the rail operator.

Wu Chi-wai, also a member of the subcommittee, said: "Construction challenges are understandable but the MTRCL should make a clear account to the public on the situation."

The South Island Line will run from Admiralty to Ocean Park, Wong Chuk Hang, Lei Tung and South Horizons.

The cost estimate of the line ballooned from the original HK$12.4 billion in 2009 to the latest HK$16.9 billion.

The Kwun Tong extension is another over-budget line, with the latest cost estimate up 22 percent from HK$5.9 billion to HK$7.2 billion.

The extension of the existing Kwun Tong Line from Yau Ma Tei to Whampoa is 99.4 percent completed, according to the Legco paper.

It is likely the MTRCL will be able to meet the latest target to commission the line by October this year.
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Old August 22nd, 2016, 04:27 PM   #4069
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MTR Tung Chung Line 17.8.16 (2) by Jamie Lloyd, on Flickr
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Old August 25th, 2016, 02:52 AM   #4070
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MTR system by ** Hu**, on Flickr
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Old August 26th, 2016, 10:14 AM   #4071
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I love the MTR, definitely one of the most interesting systems in asia.
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Old August 30th, 2016, 04:23 PM   #4072
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Many Many noisy HK MTR by henryflickr yahoo, on Flickr
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Old September 9th, 2016, 03:27 PM   #4073
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From Railway Gazette:

Quote:
http://www.railwaygazette.com/news/n...akthrough.html

Hong Kong marks SCL tunnel breakthrough
09 Sep 2016





CHINA: MTR Corp Chief Executive Officer Lincoln Leong was among the guests at a ceremony held on September 8 to mark the breakthrough of the East-West Corridor tunnel that forms part of the Shatin – Central Link project in Hong Kong.

The 11 km tunnel of the Tai Wai – Hung Hom section was completed with the arrival of tunnel boring machine Princess Iron Fan at the site of the future Ho Man Tin station last month

...
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Old September 21st, 2016, 07:07 PM   #4074
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South China Morning Post Excerpt
New MTR stations on Kwun Tong Line to come at a price, with raft of cheaper bus services set for axe
Long-awaited new stations at Ho Man Tin and Whampoa set to go live on October 23, but Kowloon City district councillor decries loss of cheaper transport options as the trade-off
September 21, 2016







Local residents looking forward to the opening of the MTR’s long-awaited Ho Man Tin and Whampoa stations will have to accept a trade-off for the new rail services, with a host of other cheaper transport options either due to be axed or scaled back after the extension to the Kwun Tong Line opens on October 23.

In an effort to align other public transport options with the new train services, the Transport Department said it planned to put in place four new connecting minibus routes to the rail stations, but would remove one bus route and shorten another, axe a minibus service and reduce the frequency of 33 bus routes and 13 minibuses.

A department spokesperson said the four new connecting minibus routes would be introduced upon the opening of the two rail stations, while the other changes would be implemented gradually after six months of operations, depending on the actual situation.

Announcing the upcoming opening of the HK$7.2 billion extension on Wednesday, MTR Corporation operations director Adi Lau said the two new stations would be able to cope with 146,000 residents and help ease traffic congestion in the district.

“With the new rail services coming to this area, road traffic congestion is expected to ease, bringing reduced direct travel times to the whole community,” he said.

The 2.6km extension, originally scheduled to open in August last year, will run from Yau Ma Tei to Whampoa, the line’s new terminus, with one station in between at Ho Man Tin which will eventually serve as an interchange station for the Sha Tin to Central link.

Whampoa will be served by a single platform and provide a train service every four minutes during peak periods, while at Ho Man Tin station there will be a train every two minutes.

During weekday non-peak periods, the average train service frequency will be three minutes for all Kwun Tong line stations. The ride between Whampoa and Yau Ma Tei will take five minutes.

More : http://www.scmp.com/news/hong-kong/e...ft-cheaper-bus
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Old September 23rd, 2016, 02:28 PM   #4075
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The Standard Excerpt
Delay likely on new line
Sept. 23, 2016





There's a high chance the South Island Line will not be in service at the end of this year as promised unless the MTR Corp Ltd steps up the work at Admiralty Station, lawmakers were told.

The MTRCL has long warned of "continuing construction challenges at Admiralty Station Extension" that have "put the target commissioning date at risk" in reports of the new line's work progress to lawmakers.

According to a Highway Department report, the MTRCL retains the target of commissioning the seven-kilometer line by the end of the year.

"MTRCL has to improve the efficiency of every aspect of the expansion works at Admiralty Station, expedite the remaining works and allow sufficient time for relevant government departments to conduct statutory inspections with a view to achieving the revised target commissioning at the end of 2016," the department said.

"Otherwise, there would be a high chance that SIL(E) [South Island Line (East)] could not be commissioned at the end of 2016."

In a document submitted to Southern District Council, the MTRCL stated that the line was 98.5 percent completed as at the end of August.

The line will run from Admiralty to Ocean Park, Wong Chuk Hang, Lei Tung and South Horizons. The Ocean Park, Wong Chuk Hang, Lei Tung and South Horizons stations and Wong Chuk Hang Depot have entered the pre- operational phase.

The remaining works at Admiralty Station include the fitting-out, electrical and mechanical and building service installations.

In previous documents submitted to the Legislative Council, the rail operator attributed the challenges to the station's congested site conditions and logistics.

Admiralty Station, with three levels including one concourse level and two platform levels serving passengers on the Tsuen Wan Line and Island Line, is one of the busiest stations in the territory.

Expansion works are being carried to build three additional levels below the existing station.

"Whether the project could be commissioned as scheduled would depend on the progress of the remaining works, train testing and statutory inspections in the coming few months," the rail operator said in the latest document.

The cost estimate of the South Island Line ballooned from the original HK$12.4 billion in 2009 to the latest HK$16.9 billion and the rail operator will be responsible for the cost overrun.
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Old September 23rd, 2016, 09:59 PM   #4076
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Old September 23rd, 2016, 10:06 PM   #4077
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Public transport is the way to transportation revolution

A MAYOR of Bogota is reported to have said: “A developed country is not a place where the poor have cars. It’s where the rich use public transportation.”

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Old October 3rd, 2016, 07:57 PM   #4078
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"i'll be waiting" by hugo poon, on Flickr
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Old October 5th, 2016, 03:04 PM   #4079
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Delays a danger as Hong Kong MTR tests new signals for next ten years
New system, meant to boost network’s capacity in the long run, will be trialled during early hours
October 5, 2016
South China Morning Post Excerpt

Hong Kong commuters have been warned about possible morning delays or slowdowns over the next decade on the MTR, as engineers test replacement rail systems during the early hours, starting with the East Rail Line later this month.

Adi Lau Tin-shing, the MTR Corporation’s operations director, announced yesterday train tests will be carried out on the new signalling systems in the short window of overnight non-service hours in phases, starting with Racecourse station.

Every morning, before the East Rail Line starts service, staff will switch the new system back to the old one.

The tests will be gradually extended to University and Fo Tan stations by the first quarter of 2017 and eventually to the whole East Rail Line.

By the end of this year, tests will also be carried out on the Tsuen Wan Line.

The whole replacement project, covering eight lines, will last until 2026.

The new signalling systems are expected to boost the rail network’s capacity by 10 per cent by enabling a more frequent train service.
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Old October 6th, 2016, 03:07 PM   #4080
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General Photos - Hong Kong, China by Asian Development Bank, on Flickr
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