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November 3, 2016

Chun Wo wins 6-year contract of Cross-Harbour Tunnel Management
Chun Wo Tunnel Management Limited, subsidiary of Chun Wo Development Holdings Limited announced that a six-year management contract of the Cross-Harbour Tunnel has been awarded by the Transport Department of the HKSAR for management, operation and maintenance services and the contracted service commenced on 1 November 2016.
     Leveraging Chun Wo’s extensive experience in construction and property management, its subsidiary company has won the six-year management, operation and maintenance contract of the Cross-Harbour Tunnel, representing a recognition of the company’s capability of delivering one-stop management services. It also marks Chun Wo’s first step tapping the tunnel management business and another milestone of the company.
     Ir Dr Derrick Pang, Deputy Chairman of Chun Wo said, “While striving to maintain industry leadership in the construction and property businesses, Chun Wo will continue to leverage its project development and management platforms, and explore new business opportunities that are in line with its business vision, enhancing its competitiveness and profitability of the company.”




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