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Tender awarded for petrol filling stations
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The Lands Department today (December 20) announced that the tender for four petrol filling stations had been awarded on a 21-year land grant at a total premium of $400.1 million.

The tender of the two sites at Peak Road, Hong Kong (Rural Building Lot No. 1185) and Castle Peak Road near Fui Sha Wai, Yuen Long, New Territories (Lot No. 2137 in Demarcation District No. 121) was awarded to Sinopec (Hong Kong) Limited (parent company: China Petroleum & Chemical Corporation) at $50.8 million and $60.8 million respectively.  The tender of the site at Princess Margaret Road, Kowloon (Kowloon Inland Lot No. 11186) was awarded to Shell Developments (HK) Limited at $238 million and the site at Waterloo Road, Kowloon (Kowloon Inland Lot No. 11187) was awarded to ExxonMobil Hong Kong Limited at $50.5 million.
 
"Authority from the Central Tender Board was given to the Lands Department to award the sites to the highest tenderers," a government spokesman said.

The successful tenders were submitted on individual basis for the purchase of the four sites.  These four sites are existing, re-tendered sites for the development of petrol filling stations.

Four tenderers took part in the tender exercise, which altogether produced a total of 13 tenders: 10 for the sites individually and three for all the four sites collectively as a package.  The companies other than the successful tenderers that tendered (individually or as a package) are listed below in respect of each lot and in alphabetical order:

(i) Rural Building Lot No. 1185
  (a) ExxonMobil Hong Kong Limited
  (b) Petrochina International (Hong Kong) Corporation Limited
  (c) Shell Developments (HK) Limited

(ii) Lot No. 2137 in Demarcation District No. 121
  (a) Petrochina International (Hong Kong) Corporation Limited
  (b) Shell Developments (HK) Limited

(iii) Kowloon Inland Lot No. 11186
  (a) ExxonMobil Hong Kong Limited
  (b) Petrochina International (Hong Kong) Corporation Limited
  (c) Sinopec (Hong Kong) Limited

(iv) Kowloon Inland Lot No. 11187
  (a) Petrochina International (Hong Kong) Corporation Limited
  (b) Shell Developments (HK) Limited
  (c) Sinopec (Hong Kong) Limited

Ends/Thursday, December 20, 2007
Issued at HKT 17:31

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