Willis appointed broker for Hong Kong rail project
Global insurance broker Willis Group Holdings (NYSE:WSH) has been appointed to serve as broker for Hong Kong’s largest ever rail construction project by client MTR Corporation Limited (MTR).
The Guangzhou-Shenzhen-Hong Kong Express Rail Link will offer a direct link from Hong Kong to Shenzhen and China’s enormous mainland rail network.
The trains in the Hong Kong section are to run at speeds exceeding 200km, and the project is intended to be completed by 2016.
A year ago Willis was appointed as broker for the US$1.3bn West Island Line (WIL) extension project.
Willis Asia’s chief executive officer, Roger Wilkinson, has described the Express Rail Link project as being of great strategic importance for Hong Kong, and that the firm was thrilled to be able to work together with MTR on such a prestigious project.
It is not the first time this month that Willis has been associated with groundbreaking infrastructure.
Earlier in July the Sears Tower in Chicago was officially renamed the Willis Tower as part of an agreement to lease offices in the 110-storey structure.
Category: Insurance News, Willis News
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