HEADLINE NEWS September 1, 2008


BEIJING
Beijing's new luxury hotel The Opposite House to open in mid 2008
Beijing's new luxury hotel, The Opposite House, to open in the summer of 2008

Renovation of Beijing APM offices completed
SHKP has invested RMB$300 million on major renovation of Beijing APM

SHANGHAI
Shanghai IFC Mall to open in first half of 2010
Shanghai IFC development will be completed in phases, with first phase of offices, W-Hotel and the mall in 2009

Huai Hai Zhong Road project to complete in phases
Huai Hai Zhong Road project is scheduled for completion in phases starting in 2010

GUANGDONG
Hong Kong-Zhuhai-Macau Bridge construction will start by 2010.
Funding agreed for the construction of the Hong Kong-Zhuhai-Macau Bridge including a contribution from the Central Government

SHENZHEN
Shenzhen Airport to construct a second runway
A total of 13.23 square kilometers of land will be reclaimed from sea

LIAONING
South China Landmark Mall in Shenyang to complete in 2009
South China Landmark Mall in Shenyang is set for completion in late 2009

Shenyang International Finance Centre to complete in 2012
The Shenyang IFC in Shenyang City is scheduled for completion in 2012

SICHUAN
Integrated development in Chengdu by Hong Kong consortium
SHKP, Wharf and Henderson announced plans to develop an integrated residential and commercial complex in Chengdu

MACAU
Jade Entertainment Complex
Award winning design by Paul Steelman

Championing for clean toilets and sustainable sanitation
World Toilet Summit & Expo 2008 to be held in Macau in November

HONG KONG
Cargo terminal franchise awarded
A 20-year franchise to design, construct and operate a new cargo terminal at Hong Kong International Airport was awarded to Cathay Pacific Services

Three hotels at Ocean Park plan to invite tender within 2008
Subject to approval, tenders will be invited by year's-end and to start construction in 2009 third quarter

US$80 million aircraft maintenance hangar contract awarded
Leighton Asia-China State Construction jv secured a US$80 million construction contract for an aircraft maintenance hangar at Hong Kong International Airport

URA's Ma Tau Kok redevelopment projects commenced
URA commenced the statutory planning procedures for two new redevelopment projects in Ma Tau Kok

URA's sixth redevelopment project in Tai Kok Tsui commenced
URA announced the implementation of HK$371 million redevelopment project at Anchor Street/ Fuk Tsun Street

Route 8 Kowloon-Sha Tin link opened
The 5.9 km Route 8 Cheung Sha Wan to Sha Tin section opened to traffic in March 2008

CityU's Multi-media Building to complete in 2010
CityU's Multi-media Building is scheduled for completion in 2010

Swire Properties' enhanced plan for Taikoo Place to commence in 2013
Swire Properties unveiled its enhanced proposal on the development of TaiKoo Place

PolyU Innovation Tower to commence work in 2009
The Tower will provide some 12,000 sq m of net operational floor area

Green Building Award 2008 opens for nomination
GBA 2008 nomination is open to local projects and projects outside Hong Kong

Works on Express Rail Link's Hong Kong section to commence in 2009
The Hong Kong section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link to complete in 2014/15

Works on Central Kowloon Route to commence in 2012
The proposed Central Kowloon Route project will cost approximately HK$10 billion

Macpherson Indoor Stadium redevelopment project planned
3 tender offers have been received for the joint venture development of the Macpherson Indoor Stadium in Mong Kok

SHKP residential development La Grove to complete in 2009
Yuen Long residential development La Grove to complete in 2009

Awardees of Quality Building Award 2008 announced
Award winners, merit winners and finalists of QBA2008 was accredited at the award presentation banquet on July 4

The Latitude to complete in 2009
SHKP residential development The Latitude is scheduled for completion in 2009

Premium low-density residential development in Yuen Long
SHKP low-density house development One Hyde Park is expected to complete in late 2008

Urban renewal project Beacon Lodge completed
Urban renewal project Beacon Lodge is a single-tower residential development

URA Johnston Road preservation project completed
URA first redevelopment cum preservation project at Johnston Road in Wanchai was completed

HKIA Departures Immigration Hall enhancement to complete in 2009
HKIA has begun reconfiguring the North and South Departures Immigration halls in Terminal 1

King Yin Lei restoration to complete in 2010
King Yin Lei first phase restoration will start in October 2008

Central Police Station Compound conservation plan revised
HKJC will partner with the Government to take forward the conservation and revitalisation of Central Police Station Compound

City Art Square in Sha Tin completed
LCSD and SHKP have completed the development of City Art Square as part of the beautification of Sha Tin Town Hall Plaza

Buildings completed in May worth HK$0.6 billion
BD approved 31 building plans in May - 10 on Hong Kong Island, seven in Kowloon and 14 in the New Territories

33 building plans approved in June
BD approved 33 building plans in June - 16 on Hong Kong Island, nine in Kowloon and eight in the New Territories

Kai Tak cruise development to be re-tendered
The Government announced that the Kai Tak cruise development project will be re-tendered

Lau Fau Shan ancillary road works to complete in 2012
Lau Fau Shan ancillary road works will start at the end of 2009

Quality Public Housing Awards 2008 open for nominations
The Quality Public Housing Construction and Maintenance Awards 2008 is now open for nominations

Awardees of Green Building Award 2008 announced
Grand Award winners, merit winners and finalists of GBA2008 were honored at the award presentation ceremony on July 31

Redevelopment contract for Ocean Park awarded
The construction work for integral part of Ocean Park's expansion and redevelopment plan will commence in August

31 building plans approved in July
The Buildings Department approved 31 building plans in July - 10 on Hong Kong Island, 12 in Kowloon and 9 in the New Territories

Hong Kong-Zhuhai-Macau Bridge construction will start by 2010
Hong Kong, Guangdong and Macau have agreed to mutually fund the construction of the Hong Kong-Zhuhai-Macau Bridge

The ex-Upper Levels Police Station revitalization to complete in 2010
MTRC plans to revitalize the ex-Upper Levels Police Station as part of the West Island Line railway project

New Yau Tong Road Playground completed
MTRC has completed a new 6.5-hectare playground/ rest garden in Yau Tong Road

Low-density luxury residence Peak One to complete in 2009
Low-density luxury residence Peak One is scheduled for completion in the second half of 2009

Peel Street/ Graham Street project to commence works in stages
Works on URA Peel Street/ Graham Street development will commence in stages

Pacific Place design improvement project commenced
Pacific Place design improvement project is expected to cost over HK$1.5 billion





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