March 3, 1999, Hong Kong Financial Secretary announced in his Budget Speech that the government plans to partially privatize Metro Corporation through a sale and a list of minority shares of the corporation. This list of integrated railway October 5, 2000, set an important precedent for future privatization of state assets. However, a number of uncertainties remain about how the cost of improvements made in the privatization. "Hide
Su Han Chan, Ko Wang, Maria Ho Source: University of Hong Kong, 26 pages. Publication Date: August 15, 2001. Prod. #: HKU139-PDF-ENG