$ 19.7 Billion USD Ghost Bridge - Hong Kong -Zhuhai-Macao Bridge Has Failed | 55-KM-Long
$ 19.7 billion USD, 55-km-long Hong Kong -Zhuhai-Macao bridge has failed, it turned out to be a “ghost bridge”.
Recently, one of China’s megaprojects has once again come to the public’s attention and sparked widespread discussion: the 55-kilometer Hong Kong-Zhuhai-Macau Bridge, or HZM Bridge, which took nine years to build with a cost of 19.7 billion USD.
On July 13 this year, netizens said that the current traffic flow of the HZM Bridge is only 500 vehicles per day. This is far below the daily traffic volume of 15,350 to 22,300 as estimated in the feasibility study report.
The HZM Bridge feasibility study report was finished by the state-owned enterprise CIECC in 2008. The report stated that at the early stage of the bridge’s opening, the traffic flow was estimated to be 9,200-14,000 vehicles per day; by 2020, it will increase to an average of 15,350 to 22,300 per day.
Even if we use the highest traffic volume reported by the official media to calculate, the annual revenue of
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