Why is Beijing prodding Hong Kong developers to go for reforms and megaprojects?

Why is Beijing prodding Hong Kong developers to go for reforms and megaprojects?

Beijing is worried that Hong Kong developers’ tepid response to local megaprojects may further erode investor confidence and this was why a top central government official took on the task of cajoling the private sector on behalf of city authorities, political analysts have said. Economic and property specialists said the central government’s “explicit” call to…

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Beijing’s point man on Hong Kong affairs urges tycoons to bid on long-term projects

Beijing’s point man on Hong Kong affairs urges tycoons to bid on long-term projects

Beijing’s point man on Hong Kong affairs has called on property tycoons to back the government’s long-term development drives such as the Northern Metropolis by actively bidding for the projects involved, the city’s development minister has said. Secretary for Development Bernadette Linn Hon-ho on Saturday revealed the appeals by Xia Baolong, director of the Hong…

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Consultant lays out vision for wetland park creation in Hong Kong’s Northern Metropolis

Consultant lays out vision for wetland park creation in Hong Kong’s Northern Metropolis

A consultant commissioned by the Hong Kong government has recommended that authorities prioritise the creation of the 338-hectare (835-acre) Sam Po Shue wetland park as it establishes conservation areas in the Northern Metropolis, while warning that two of three other parks in the area may be smaller than expected. The report, released by the Agriculture,…

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Opinion | How John Lee’s policy address sets Hong Kong up for success

Opinion | How John Lee’s policy address sets Hong Kong up for success

Hong Kong Chief Executive John Lee Ka-chiu delivered his third policy address on October 16. As expected, he opened with an iteration of Beijing’s expectations of Hong Kong and the city’s institutional strengths under “one country, two systems”, plus the completion of its constitutional duty to enact national security legislation. Though economic competitiveness was not…

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