Construction history of the Western Harbour Crossing

Hong Kong Western Harbour Crossing Co., Ltd., which is composed of CITIC Pacific, Kerry Construction, Hong Kong Stock Connect Holdings and China Merchants International, won the 30-year franchise of the Western Harbour Crossing on 1993 by means of "build, operate and hand over". Commencement on September 2nd 1993, completion in April1997; Due to the high toll, the traffic volume of the Western Harbour Crossing has been low, and it has not been able to divert the load of the Hong Kong Tunnel. It is known as the "tunnel for the rich" (because it is the most expensive tunnel in Hong Kong).

The average daily traffic volume of 200/kloc-0 is only 39,700 vehicles, which is far below the available quantity of 654,380+0,800 vehicles. In August 2005, the Central and Western District Council proposed to erect computer warning signs in Sai Ying Pun, Sheung Wan and Central to remind drivers to use Connaught Road Central to go to Wan Chai to reduce traffic congestion.

In 2008, the largest single shareholder of WHC was Hong Kong Stock Connect Holdings Limited, holding 50% shares of WHC. Other shareholders are CITIC Pacific Limited and Kerry Construction Co., Ltd., and they hold 35% and 15% of the rights and interests of the Western Harbour Crossing Company respectively through their associated companies.