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Carrie Lam Cheng Yuet-ngor laid down the blueprint for the Northern Metropolis in her 2021 policy address. The scheme, repackaged and expanded from an existing new town plan, involves the development of an IT hub in northern New Territories near the border with mainland China, construction of up to 186,000 homes and a new cross-border railway linking the city to the Qianhai economic zone in Shenzhen.
The plan, which would take 20 years to deliver, is seen as a major strategic change for development, moving the city's centre away from Hong Kong Island to the north, to integrate the city into the latest national development plan.
As the city government pushes ahead with the Northern Metropolis development, the need to strike an environmental balance has become all the more important.
Relaxed conditions on land exchanges should boost Hong Kong’s Northern Metropolis project and extension of land premium scheme is also welcome.
Development minister Bernadette Linn says authorities considering outsourcing part of project to private developers as way to reduce financial burden on government.
Development officials lay out details of funding appeal at Legislative Council for 263-hectare second phase of Hung Shui Kiu-Ha Tsuen project.
‘We think the government’s ‘development first, conservation later’ approach is not a matter of priority, but a revolving door for destruction,’ campaigner says.
Standard rates to be applied to Hong Kong’s New Territories farmland to speed up housing land acquisition and housing development.
A HK$10 billion property development venture in the city’s Northern Metropolis indicated Beijing-controlled China Resources Land’s support for Hong Kong’s economic development, the chief of the state-backed company said.
The state-controlled conglomerate joined forces with Hong Kong’s New World Development on a venture worth US$1.28 billion in the city’s Northern Metropolis mega project, according to sources familiar with the matter.
On final day of trip to Beijing, Chief Executive John Lee visits country’s top economic planning body after earlier briefing state leaders on Hong Kong’s development.
Green group disagrees with authorities’ view that new wetland parks will compensate for ecological loss.
Finance minister points to Northern Metropolis as prime example of ‘long-term stable investments’ sought by Middle Eastern nations.
Readers discuss the importance of seeing both sides for conflict resolution, striking a balance between development and wildlife protection, investors’ expectations, and the optimal temperature in MTR train cabins.
Hundreds of operators forced out of sites in New Territories to make way for development, but government only offering financial compensation, not relocation.
Drug maker says it hopes to expand workforce at the research and development centre to around 100 in next five years.
University town, intended to accommodate expansion of public and private institutions, nearly half size of largest university, Chinese University
Owners can keep land earmarked for new town and build according to zoning uses, but they will be required to pay premium, development chief Bernadette Linn says.
Finance chief assures stakeholders that government has no plans to raise salary and profits taxes, expresses confidence in efforts to bring in companies to boost revenue.
A committee to be headed by finance chief Paul Chan with an associated office will advise on ‘feasible investment and financing options’ for mega projects, policy address says