The Government welcomed international participation in the ACP, and applied a "level playing field" approach in tendering procedures and the award of contracts. As well as Hong Kong companies, a significant number of international companies from a wide range of countries had been awarded construction or consultancy contracts.
By end-June 1998, 183 major contracts to a value of $96.43 billion had been awarded by the Government, the Airport Authority, the MTR Corporation and the Western Harbour Tunnel Company Limited.
The contract awards reflect the international nature of the ACP. People's Republic of China had gained the largest share (by value) with 31% (HKSAR 23%, Mainland 8%) followed by: Japan 26%, UK (16%), the Netherlands (6%), France (5%), Belgium (3%), New Zealand (3%), Spain (2%), Australia (2%), the United States (2%), Germany(2%) and others (including Italy, South Africa, Sweden, Austria, Norway, Portugal and Denmark) (2%).
