Fred Lam Tin-fuk, the authority’s chairman, said on Thursday that the government was also considering earmarking a site as part of the Airport City project’s expansion, equivalent to the distance between Harbour City shopping centre and K11 Musea in Tsim Sha Tsui.
Prominent features within the project include a 600-berth yacht club, a seafood market said to rival Tokyo’s Tsukiji Fish Market and the city’s first-of-its-kind, purpose-built large-scale storage facility for artwork.
An area within the Airport City project will also be served by about 8,000 driverless autonomous vehicles.
Lam added that HK$8 billion to HK$10 billion worth of bonds would be issued in the first quarter of next year to fund the project, which was worth tens of billions of dollars over various stages and would be completed from 2026 to 2031.