The lower cost estimate for the Northern Link project will not impact its construction quality or safety, according to Raymond Ip, the Commissioner for Northern Metropolis Railways. The project, originally forecast to cost HK$121.9 billion, is now expected to be completed at HK$86.2 billion, a 28% reduction. This adjustment is due to changes in design, approval, and construction methods, particularly from merging the main line and spur line into one project, which brought the spur line's construction period forward by two years and cut overall costs. Speaking on RTHK radio, Ip highlighted the robust monitoring mechanisms in place. He noted that the project monitoring and communication platform has been optimized over the past few years, with strong oversight and auditing from both the government and MTR Corporation. Proactive reporting and early warning systems are also in place, and before commissioning, relevant departments conduct safety and thorough acceptance procedures. The streamlined processes include a one-stop Railway Checking Unit and an electronic central approval platform, which have reduced the approval time for construction plans by 30 to 50%. Moreover, the Northern Metropolis Development Bill will simplify procedures such as obtaining construction noise permits, further enhancing efficiency.
The project is set to launch in 2034, with both the main line and spur line now in construction phases. The projected savings are attributed to the strategic modifications in the project's approach, which have streamlined the entire process without compromising safety or quality standards. The robust monitoring and auditing mechanisms ensure that cost reductions are matched by appropriate measures to maintain high standards in construction and safety.