Wednesday, March 18, 2009

MTRC signs Shenzhen metro deal


MTRC signs Shenzhen metro deal
18-03-2009

The MTR corporation has signed a concession agreement with the Shenzhen authorities to operate a metro line in the city for 30 years. The MTRC will take over the part of Metro Line 4 that is already in service, and will be responsible for building the rest of the line. Construction of the 20-kilometer line is expected to be completed in 2011. It's the first cross-border infrastructure project carried out under CEPA agreements. The line will be connected to the future Guangzhou-Shenzhen-Hong Kong express railway.

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