Hong Kong’s North Metropolis a megaproject well begun but not yet done, economists say

Hong Kong’s North Metropolis a megaproject well begun but not yet done, economists say

Profit will determine whether a high-profile pledge of support by business heavyweights for Hong Kong’s Northern Metropolis megaproject near the mainland China border will result in investment, according to economists and a developers’ representative. Some also said the pledge was only a gesture not to offend Beijing and the Hong Kong government. Stewart Leung Chi-kin,…

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Hong Kong government to seek developers’ views on adjusting Northern Metropolis land disposal scheme

Hong Kong government to seek developers’ views on adjusting Northern Metropolis land disposal scheme

The Hong Kong government will consult developers and make any necessary changes to its pilot scheme for developing large land parcels in the Northern Metropolis to better leverage market forces for the construction of the megaproject near the mainland China border. The Development Bureau announced details of plots earmarked for the land-disposal pilot scheme on…

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