MTR CORPORATION(HK:00066) Nan Fang Ri Bao Wang Luo Ban·2025-07-11 07:48Core Viewpoint - The Hong Kong government has approved the financial arrangements for the first part of the Northern Link project, which aims to enhance transportation efficiency and connectivity in the region, with a target completion date of 2034 or earlier [1][2]. Group 1: Project Overview - The Northern Link main line will connect the existing Tuen Ma Line and East Rail Line, with new stations planned along the route [1]. - The project includes a branch line that will connect to the newly established Huanggang Port station in Shenzhen [1]. Group 2: Financial Aspects - The budget for the first part of the Northern Link project is approximately HKD 31.4 billion, based on prices from July 2025 [2]. - The project aims to significantly reduce travel time from 60-80 minutes to about 12 minutes between Kam Sheung Road and Kwu Tung [2]. Group 3: Strategic Importance - The Hong Kong government emphasizes the strategic value of the Northern Link project, aiming to accelerate its development through innovative planning and the adoption of mainland construction standards [1]. - The project is expected to promote the development of the northern metropolitan area of Hong Kong [2].