Hong Kong’s MTR Corp wins bid as part of group to build new Sydney station, properties

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Hong Kong rail giant the MTR Corporation has won a bid as part of a consortium to design and build a metro station and develop property in Sydney’s second central business district in Australia.The corporation said on Tuesday that it and its two partners – both subsidiaries of Malaysian engineering firm and developer Gamuda Berhad – won the bid as the joint-venture Riverside Link Consortium, with Australian media reporting the deal was worth A$880 million (HK$4.99 billion).The deal is a major...