Latest Hong Kong Roads and Highways tenders. Discover new opportunities for Roads and Highways tenders daily and win lucrative contracts across Hong Kong.
Thriving Industry: Hong Kong boasts a vibrant roads and highways market, crucial for its bustling economy and dense population. In 2022, the market size reached a staggering $1.7 billion USD, with forecasts predicting steady growth in the coming years.
Government Procurement: The government plays a central role in this market, investing heavily in infrastructure projects. In 2022 alone, government procurement for roads and highways totaled $600 million USD, showcasing its commitment to continuous development and improvement.
Procured Products and Services: A diverse range of products and services are procured by the government, including:
Construction Services: Road construction, tunnel building, bridge erection, and maintenance.
Materials: Asphalt, concrete, steel, lighting systems, and traffic control equipment.
Consultancy Services: Engineering design, project management, environmental assessments, and safety audits.
Top Procurement Authorities: The key decision-makers in Hong Kong's roads and highways procurement landscape include:
Highways Department: Responsible for planning, construction, and maintenance of all major roads and highways.
Civil Engineering and Development Department: Oversees major infrastructure projects, including tunnels, bridges, and railways.
Transport Department: Manages traffic flow and implements transportation policies.
Some of the leading companies winning government contracts in the roads and highways sector include:
AECOM
Gammon Construction
China State Construction Engineering Corporation
Leighton Asia
Chun Wo Development Holdings
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