The Group successfully spun off its PRC projects holding subsidiary, Hopewell Highway Infrastructure Limited ("HHI"), on the Main Board of the Stock Exchange of Hong Kong Limited (stock code: 737), raising over HK$3,000 million to promote and develop new expressway, tunnel and bridge infrastructure projects in the Pearl River Delta region in the PRC.

Phase I of the Western Delta Route commenced operation.

Phase II of the Western Delta Route started construction.

Hopewell New Town (Phase 1A) in Huadu, Guangzhou was completed.