NWS acquires 50% interest in Sino-French Holdings (Hong Kong) Limited (its key projects includes Macau Power and Macao Water Plant).
Tianjin New World Plaza is completed.
New World Telephone Group launches its mobile communications services - New World PCS.
The newly completed HKCEC extension is in the international spotlight as the venue for Hong Kong's handover ceremonies marking the return to Chinese sovereignty.
New World Services Limited amalgamates and restructures all service-related businesses of New World Development Company Limited, including Hip Hing Construction Company Limited, Hong Kong Convention and Exhibition Centre (Management) Limited, Young's Engineering Company Limited, Tridant Engineering Company Limited, Urban Property Management Limited and General Security (HK) Limited.
New World Telephone launches residential fixed line services.
Beijing-Zhuhai Expressway (Guangzhou-Zhuhai Section) Phase I Section I commences operation.
New World Services Limited ("NWS") is established to consolidate all the services-related businesses within the Group.
United Asia Terminals (Yantian) Limited commences operation.
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