China Resources - Tate's Cairn Tunnel, China Resources Land, China Resources Vtate's Cairn Tunnel, China Resources Land, China Resources Vanguard Shop, China Resources Cement, Hongkong Chinese Bank Anguard Shop, China Resources Cement, Hongkong Chinese Bank (Paperback)

Chapters: Tate's Cairn Tunnel, China Resources Land, China Resources Vanguard Shop, China Resources Cement, Hongkong Chinese Bank, China Resources Power, China Vanke, Macau Chinese Bank, China Resources Enterprise, Villa Esplanada. Source: Wikipedia. Pages: 33. Not illustrated. Free updates online. Purchase includes a free trial membership in the publisher's book club where you can select from more than a million books without charge. Excerpt: Tate's Cairn Tunnel is a four-lane tunnel in Hong Kong. Constructed as part of Route 2, it links Diamond Hill, Eastern Kowloon and Siu Lek Yuen, Sha Tin in the New Territories. It was opened on 26th June 1991. Its toll plaza is situated on the Sha Tin side, leading to Tate's Cairn Highway, Sha Lek Highway and various local roads. The tunnel joins the Kwun Tong Bypass and is connected with Lung Cheung Road and several local roads on the Kowloon side. Tate's Cairn Tunnel is the longest road tunnel in Hong Kong, with the northbound tube having a length of 3,913m and southbound tube having a length of 3,945m. Tolls are collected manually or electronically in both directions on Sha Tin side. The Tate's Cairn Tunnel is a BOT (Build, Operate and Transfer) infrastructure project funded 100% by the private sector. The BOT franchise was awarded to the Tate's Cairn Tunnel Company Limited for a period of 30 years by the Hong Kong Government in 1988. As suggested by the term BOT (Build, Operate and Transfer), the Tate's Cairn Tunnel Company Limited is responsible for the construction and operation of the Tunnel until the end of the franchise period. During the franchise period, the Company is allowed to earn a reasonable but not excessive return through the collection of tolls. On expiration, the tunnel will be transferred to the Government. The statutory requirements to the Company is defined by the Tate's Cairn Tunnel Ordinance. BOT projects are embodiments of public/private co-operation for a b...More: http: //booksllc.net/?id=297141