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Hong Kong Probes Construction Cartel Over HK$700 Million Contracts

3/27/2026

Summary

Story summary

The Hong Kong Competition Commission began proceedings against eight construction firms and 12 individuals for forming a 'building maintenance cartel' to win HK$700 million in contracts through bid-rigging from April 2022 to September 2023.
The Independent Commission Against Corruption (ICAC) prompted the probe.
Separately, the ICAC charged five individuals with corruption related to HK$90 million in renovations.
The crackdown follows a deadly Wang Fuk Court fire.

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Story summary

The Hong Kong Competition Commission began proceedings against eight construction firms and 12 individuals for forming a 'building maintenance cartel' to win HK$700 million in contracts through bid-rigging from April 2022 to September 2023.
The Independent Commission Against Corruption (ICAC) prompted the probe.
Separately, the ICAC charged five individuals with corruption related to HK$90 million in renovations.
The crackdown follows a deadly Wang Fuk Court fire.