Hong Kong’s Hung Shui Kiu industrial park will leverage its location advantage to focus on advanced manufacturing, including proprietary Chinese medicine products, in a bid to differentiate itself from the San Tin Technopole, according to development authorities. While the government has yet to set key performance indicators (KPIs) for the company operating the park, a…
Hong Kong’s adoption of preferential packages to fast-track an industrial park that falls under the Northern Metropolis megadevelopment has been given an initial thumbs up. Local developers hailed the new approach as a “one-stop service” to help them cut through red tape and resolve problems, while some market observers believed it could also attract mainland…
Hong Kong authorities have expedited the Northern Metropolis megaproject by setting up a non-statutory company to run a 23-hectare site in Hung Shui Kiu, while putting up the pilot area for tender. In a statement issued on Monday, the Development Bureau said it planned to name the company the Hung Shui Kiu Industry Park Company….