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Hong Kong’s cash-strapped Urban Renewal Authority to adjust pace of projects
  • Hong Kong News

Hong Kong’s cash-strapped Urban Renewal Authority to adjust pace of projects

Cs news6 months ago02 mins

Hong Kong’s cash-strapped Urban Renewal Authority intends to adjust the pace of its projects to ensure better financial stability, while private developers will be briefed in advance on plans to avoid failed tenders. The changes, outlined by managing director Wai Chi-sing on Sunday, were aimed at helping the authority maintain adequate cash flow and avoid…

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