Chinachem Group has won the property development project of The Tung Chung Traction Substation
Chinachem Group (“the Group”) is pleased to announce that it has won the property development project of the Tung Chung Traction Substation of MTR Corporation Ltd. The site in issue is of about 150,000 square feet and could build about 1,600 units.
Donald Choi, Executive Director and CEO of Chinachem Group noted, “the construction will be technically challenging as there are existing buildings on the site. Nonetheless, the project is situated in a developed and matured community with necessary infrastructure and proximity to MTR station, Hong Kong-Zhuhai-Macao Bridge and the Hong Kong International Airport. We believe that the development will be welcomed by users and investors considering that Tung Chung is benefitted from the integration with the Greater Bay Area and the airport economy”
The Group will continue to contribute to building a more liveable city with our Triple Bottom Line philosophy, that is to balance People, Prosperity and Planet.