Anderson Road Quarry – plan to develop the site to build 10,000 apartments

York Lo left a comment below our article, Lui Che Woo – King of Hong Kong Quarries – two newspaper articles, linked below, which adds additional infomation about Lui Che-woo and Anderson Road quarry in an SCMP article.

The article begins: Tycoon Lui Che-woo, a pioneer in Hong Kong’s quarrying industry who later built his wealth in the property and casino industries, will hand back to the government the city’s largest quarry site to make way for development of nearly 10,000 new apartments.

K. Wah Construction Materials (KWCM), renamed Galaxy Entertainment Group in 2005 and 41.2 per cent owned by Lui – was granted Hong Kong’s first contract quarry rights at Anderson Road, East Kowloon in 1964. The company will give up the quarry when the contract expires at 2pm Wednesday.

Lui Che Woo SCMP Anderson Road Quarry Article 26.7.17

Chairman of K. Wah Group Lui Che-woo began quarry operations in Hong Kong in 1964. Photo: David Wong Courtesy: SCMP

The company name change was to reflect the shift in business focus from supplying aggregate and concrete to casino operators to being a casino owner after K Wah bought the Galaxy Casino for more than HK$18 billion in 2005.

…In the past 53 years, the Anderson Road quarry has supplied rocks and aggregate for nearly one-third of the city’s construction industry and infrastructure projects,” said Lui. These included Kai Tak International Airport and the Hung Hom Cross Harbour Tunnel in the 1970s, and more recently the Hong Kong- Zhuhai-Macau Bridge, the high-speed train project, and the Shatin-Central Link.

The quarry has produced an estimated 100 million tonnes of rocks and aggregate for construction.(1)

Anderson Road Quarry Image 2010 Courtesy SCMP

File photo of the Anderson Road quarry site in 2010. Photo: K.Y. Cheng Courtesy: SCMP

See: Galaxy Entertainment reports 2016 net profit of HK$6.3b, up 51 pc on growth in mass market play and non-gaming business SCMP 28th February 2017

Source: Tycoon to return Hong Kong’s largest quarry site to government fpr building 10,000 homes SCMP 26th July 2017

This article was first posted on 26th October 2017.

Related Indhhk articles:

  1. Lui Che Woo – King of Hong Kong Quarries – two newspaper articles

Leave a Reply

Your e-mail address will not be published. Required fields are marked *