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Moving MillionsThe Commercial Success and Political Controversies of Hong Kong's Railway$
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Rikkie Yeung

Print publication date: 2008

Print ISBN-13: 9789622098824

Published to Hong Kong Scholarship Online: September 2011

DOI: 10.5790/hongkong/9789622098824.001.0001

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PRINTED FROM HONG KONG SCHOLARSHIP ONLINE (www.hongkong.universitypressscholarship.com). (c) Copyright Hong Kong University Press, 2022. An individual user may print out a PDF of a single chapter of a monograph in HKSO for personal use.date: 20 May 2022

Property Development and Environmental Impact of Projects

Property Development and Environmental Impact of Projects

(p.185) 8 Property Development and Environmental Impact of Projects
Moving Millions

Rikkie Yeung

Hong Kong University Press

This chapter highlights the challenges to their profitable property development model especially in the last few years, the emergence of environmental issues in new projects since the late 1990s, and how different responses from the MTRC and the KCRC led to contrasting outcomes. Their extensive involvement in both railway and property development had profound impacts on the urban and rural environments in Hong Kong in both positive and negative ways. As in other aspects of corporate and project governance, the KCRC experienced more controversies whereas the MTRC turned some of the public concerns into its own business interest.

Keywords:   MTRC, KCRC, environmental issues, railway development, property developer

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