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Financial institutions in the Mainland, Hong Kong and Macau are invited to express interest in providing loan facilities for the Hong Kong-Zhuhai-Macau Bridge project.
The Transport & Housing Bureau today said the Hong Kong, Guangdong and Macau Governments agreed to contribute a total of 15.7 billion yuan, about 42% of the estimated total construction cost of the main bridge.
The three governments are exploring options for financing the remaining 58% of the cost to devise the best financing arrangement for the project. Before drawing a conclusion, they want feedback from the market on providing loan facilities.
The Highways Department issued invitation letters through the Association of Banks to all its member banks today.
The submission deadline is November 10. The returned expressions of interest will be studied and analysed by the Hong Kong-Zhuhai-Macau Bridge Advance Work Co-ordination Group Project Office.
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