Got these off this forum: skyscrapercity.com/forumdisplay.php?f=405
Apparantly this is expected to be finished by late 2007:
Construction of circular line started in December:
Circular lines website if anybody cares:
ddoott.com/custom/line/eindex.htm
Damn eh? 
They’ve already started work on the cable car system up in Maokong. Damn, that is going to be one lovely ride, especially on a clear evening. Magical, I can imagine.
i didn’t realize that circular line was going. i think that follows an old rail right of way so it might not be too long.