The Cross-Harbour (Holdings)
Encyclopedia
The Cross-Harbour Limited (CHHL) , formerly the Cross-Harbour Tunnel Company, is a Hong Kong
investment
holding company with emphasis on transport
infrastructures.
Founded in 1965, CHHL owned the franchise to build and operate the Cross-Harbour Tunnel
up to 1999. Thereafter, CHHL, through an associated company, has provided management services to the Cross Harbour Tunnel under a renewable management, operation and maintenance contract with the Government of Hong Kong
.
CHHL together with its wholly owned subsidiary hold a 50% stake in Western Harbour Tunnel Company
Limited (WHTCL). WHTCL owns the franchise to build and operate the Western Harbour Crossing
from 1993 up to 2023.
In 2008, CHHL acquired a 39.5% effective interest in Tate's Cairn Tunnel Company Limited (TCTC). TCTC owns the franchise to build and operate the Tate's Cairn Tunnel
from 1988 to 2018.
CHHL has a 70% stake in The Hong Kong School of Motoring (HKSM). HKSM operates three designated driving schools in Hong Kong. CHHL also has a 70% stake in a company which owns half of Autotoll Limited. Autotoll provides electronic toll
clearing facilities in Hong Kong covering eleven different toll road
s and tunnels.
CHHL's controlling shareholder is Y.T. Realty Group Limited.
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
investment
Investment
Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time...
holding company with emphasis on transport
Transport
Transport or transportation is the movement of people, cattle, animals and goods from one location to another. Modes of transport include air, rail, road, water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations...
infrastructures.
Founded in 1965, CHHL owned the franchise to build and operate the Cross-Harbour Tunnel
Cross-Harbour Tunnel
The Cross-Harbour Tunnel is the first tunnel in Hong Kong built underwater. It has become one of the most congested roads in Hong Kong and the world...
up to 1999. Thereafter, CHHL, through an associated company, has provided management services to the Cross Harbour Tunnel under a renewable management, operation and maintenance contract with the Government of Hong Kong
Government of Hong Kong
The Government of the Hong Kong Special Administrative Region of the People's Republic of China, commonly the Hong Kong Government, is led by the Chief Executive as Head of the Government, who is also the head of the Hong Kong SAR...
.
CHHL together with its wholly owned subsidiary hold a 50% stake in Western Harbour Tunnel Company
Western Harbour Tunnel Company
The Western Habour Tunnel Company Limited 香港西區隧道有限公司 is a jointly owned entity engaged principally in the construction, maintenance and operation of the Western Harbour Crossing in Hong Kong....
Limited (WHTCL). WHTCL owns the franchise to build and operate the Western Harbour Crossing
Western Harbour Crossing
The Western Harbour Crossing is a dual 3-lane immersed tube tunnel in Hong Kong. It is the third tunnel to cross Victoria Harbour, linking the newly reclaimed land in West Kowloon with Sai Ying Pun on Hong Kong Island...
from 1993 up to 2023.
In 2008, CHHL acquired a 39.5% effective interest in Tate's Cairn Tunnel Company Limited (TCTC). TCTC owns the franchise to build and operate the Tate's Cairn Tunnel
Tate's Cairn Tunnel
Tate's Cairn Tunnel is a four-lane tunnel in Hong Kong. Constructed as part of Route 2, it links Diamond Hill, Eastern Kowloon and Siu Lek Yuen, Sha Tin in the New Territories. It was opened on 26th June 1991....
from 1988 to 2018.
CHHL has a 70% stake in The Hong Kong School of Motoring (HKSM). HKSM operates three designated driving schools in Hong Kong. CHHL also has a 70% stake in a company which owns half of Autotoll Limited. Autotoll provides electronic toll
Electronic toll collection
Electronic toll collection , an adaptation of military "identification friend or foe" technology, aims to eliminate the delay on toll roads by collecting tolls electronically. It is thus a technological implementation of a road pricing concept...
clearing facilities in Hong Kong covering eleven different toll road
Toll road
A toll road is a privately or publicly built road for which a driver pays a toll for use. Structures for which tolls are charged include toll bridges and toll tunnels. Non-toll roads are financed using other sources of revenue, most typically fuel tax or general tax funds...
s and tunnels.
CHHL's controlling shareholder is Y.T. Realty Group Limited.