International Participation

At the end of 1997, a total of 182 major contracts worth about $96.4
billion had been awarded. They included 92 contracts worth $38.4 billion
awarded by the government; 58 contracts worth $34.5 billion awarded by
the AA; 31 contracts worth $17.8 billion awarded by the MTR
Corporation; and one contract worth $5.7 billion awarded by the WHTC.

The government, AA, MTR Corporation and WHTC welcome
international participation in ACP contracts and strictly apply Hong Kong's
traditional 'level playing field' approach in tendering procedures and the
award of contracts. A significant number of international companies have
won ACP contracts, often as part of joint ventures. By the end of 1997,
the People's Republic of China had won the largest share by value with 31
per cent (PRC Mainland, 8 per cent and HKSAR, 23 per cent) of the total,
followed by Japan (26 per cent), the United Kingdom (16 per cent), the
Netherlands (6 per cent), France (5 per cent), Belgium (3 per cent) and
New Zealand (3 per cent). Spain, Australia, the United States of America
and Germany each had about 2 per cent and the remaining 2 per cent was
shared by Italy, South Africa, Austria, Sweden, Norway, Portugal and
Denmark.

[Back] [Forward]