XinhuaNet » A bridge linking Hong Kong, Zhuhai and Macao has moved a step closer to official opening, with a major tunnel project fully completed Saturday. The 55-kilometer Hong Kong-Zhuhai-Macao Bridge, situated in the Lingdingyang waters of the Pearl River Estuary, will be the world’s longest sea bridge.
South China Morning Post » Road surfacing works for the Hong Kong section of the mega bridge connecting the city to Zhuhai and Macau have been completed, marking a significant step towards the project’s operation. More than five years since construction began, the 12km Hong Kong Link Road – featuring a tunnel, viaduct and reclaimed roads – has now taken shape as seen from photos supplied by the Transport Department.
Reuters » China’s insurance regulator issued a notice on Friday banning insurers’ asset management arms from using private equity investment schemes as a channel to increase local government debts. The government is targeting public-private-partnership, or PPP, projects, which funnel private money into infrastructure such as bridges and toll ways in the form of equity. Some PPP projects, however, are used by local governments to borrow money.