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27Jan94 HONG KONG: RISING LAND PRICES AID HK AIRPORT LINK.

Hong Kong's rising land prices have boosted the viability of building the troubled airport railway, according to property experts.Construction of the 35km express and commuter railway is estimated at HK$22 billion (£2 billion), but new estimates show the sale of land development rights along the route would bring in nearly three times this figure.But China refuses to give its approval because it believes the railway will saddle it with years of debt after it gains control of Hong ...

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