Hong Kong government and transport organisations have announced major cost overruns and delays to the region’s ambitious rail project to link the territory and mainland China. We believe this could have implications for both Balfour Beatty and Kier, the quoted two out of three UK companies working on the programme. The cost of the project was last night announced to have risen from an original HK$65bn to an estimated HK$85.3bn (£7bn) and the scheduled completion is now Q3 2018 (or
