Milestones

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2002

NWD reorganises certain major subsidiaries of the Group with the aim of achieving a more streamlined organisational structure for its businesses.
New World Telecom is the first FTNS operator in Hong Kong to launch IP-based fixed telephone and broadband services.
New World Telephone is renamed as New World Telecommunications Limited to mark its transformation as a regional telecommunications provider.
Chongqing Water Plant commences operation.
New World Telecom is awarded a Type II license by Taiwan authority DGT.
Pacific Ports Company Limited ("PPC") will acquire the traditional infrastructure assets from NWI and acquire NWS from NWD.
New World Department Store is officially opened at Dalian New World Plaza.
Shanghai Hong Kong New World Tower is completed.
Qingdao Water Plant commences operation.
Xiamen Xiangyu Free Trade Zone Huijian Quay Company Limited commences trial operation.
HKCEC is named Best Overseas Centre, Meetings Category for the ninth consecutive years by the UK-based Meetings and Incentive Travel Magazine.
ATL Logistics Centre Yantian Limited commences operation.