The new Hong Kong-Zhuhai-Macao Bridge in South China is without a doubt a spectacular feat of engineering, construction, and national infrastructure planning. But… is it necessary? Or is this mega-bridge snaking across the mouth of the Pearl River Delta in fact a $20 billion white elephant?
“The delays in the construction of the bridge had given cities in the PRD region time to greatly develop their port capacity, resulting in a situation where many exporters in the delta no longer need to use Hong Kong,” said chief research officer at the Hong Kong-based One Country Two Systems Research Institute, Fang Zhou. “Other PRD bridges will offer lower tariffs than the new bridge, while existing cargo barges to Hong Kong are even cheaper.”
“In terms of time and convenience, the bridge is not so competitive,” Zhou added. […]
The strongest economic benefit of the bridge is that it can enable producers west of the Pearl River move their goods faster to the Hong Kong International Airport. In 2016, the airport has handled around 4.52 million tons of air cargo, making it the top freight transportation airport worldwide for the seventh consecutive year.
Quoting an anonymous engineer:
“The bridge could have an impact on Hong Kongers’ life style when it opens – there could be more people making the decision to find a job, or even live in China when there are more convenient ways to connect the two places.”
That’s an important point, I think. In addition to the propaganda value of binding Hong Kong closer to the mainland, the very existence of the bridge may generate more demand for cross-border travel. It’s easy to underestimate the future traffic that a brand-new, colossal Chinese infrastructure project will generate. A lot of people were skeptical about China’s high-speed rail system back in 2011, but already by 2015 the Beijing-Shanghai line was earning a profit, claiming 130 million riders (one-tenth of China’s population) that year alone.
The blogger Big Lychee is characteristically scornful:
The vast link, with three lanes in each direction, will be the World’s Biggest and Longest Slab of Concrete Over Sea in the History of the Universe. It will also almost certainly be embarrassingly under-used. Of the three cities it connects, only Zhuhai and its hinterland has capacity for extra traffic; Macau’s road network is totally full, as is downtown Hong Kong’s. Apart from buses going back and forth, and presumably some trucks carrying containers full of Hello Kitty phone cases, it is hard to see who will use it, especially given the ‘fast and convenient’ permit system for car owners.
The South China Morning Post laboriously describes the thing as part of the Greater Bay Area Hub-Zone Branding Concept. [Ed: “Greater Bay Area” is China’s scheme to link together 11 cities around the Pearl River Delta into a gigantic metropolitan region with some 67 million people.] But it is actually the other way round – ‘Bay Area’ is an extension of the bridge project, which came first as a symbol if not means of integrating/absorbing Hong Kong into the Mainland.
This will be the second approx-HK$100 billion pointless-infrastructure fiasco inaugurated within a few weeks, following the West Kowloon High-Speed Rail Vibrating Express Line Hub (which at least has some potential use for those of us with an urgent desire to get to Wuhan). It also comes in the midst of the uproar about the Trillion-Dollar Sandpit Lantau Reclamation Wacko Proposal. We are surely hitting Peak Taxpayer-Wealth Destruction Orgy.