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Hong Kong High-Speed Railway May Be Completed Early

MTR Corp., the builder of a HK$66.9 billion ($8.6 billion) high-speed train line in Hong Kong, said work on the railway may be completed ahead of schedule because of government support and commitments from contractors.

Piling and tunneling work has already begun, Chew Tai-Chong, MTR’s projects director, said today at a conference in the city. The work is also likely to come in on budget, he said. He didn’t elaborate on a possible finishing date for the line, which is due to be completed by August 2015.