The Transportation Infrastructure Office (GIT) says in a statement released by a lawmaker on Tuesday that it has already started administrative procedures to fine the two contractors responsible for massive delays in the construction of the light rail transit (LRT) system’s depot and its superstructure in Cotai. According to the statement, the penalty will amount […]
Day: April 8, 2015
A portion of the MSAR’s financial reserves could be transferred to mainland China for investment purposes. The government intends to introduce the measure in order to boost bilateral cooperation. It also expects the return of the investment to potentially reach 4 percent, which would be higher than the 2 percent recorded last year but still […]