The main contractor of M+, the West Kowloon Cultural Districts contemporary art museum, was fired by the government-appointed management authority on Friday due to alleged insolvency.
In a press statement, the West Kowloon Cultural District Authority (WKCDA) said it has terminated its contract with Hsin Chong Construction Company Limited over the troubled project. Hsin Chong was awarded the HK$5.9 billion contract for multiple buildings in September 2015 after a selective tendering process.
The M+ building under construction. Photo: WKCDA.
The decision to terminate the contract has been forced upon the Authority due to the insolvency of [Hsin Chong] which has been caused by the severe financial troubles facing its parent company, Hs…
Read the full article at: https://www.hongkongfp.com/2018/08/20/west-kowloon-m-museum-main-contractor-fired-due-insolvency/