Hong Kong authorities should turn a new HK$30 billion (US$3.8 billion) municipal waste incinerator in Tuen Mun into a tourist attraction and an education hub for eco-protection, lawmakers have said. Their remarks on Tuesday followed the government’s application to the Legislative Council for HK$29.2 billion to build the planned Integrated Waste Management Facilities Phase 2,…
The eastern section of Hong Kong’s new Fanling Bypass will be commissioned on May 3, marking the first major transport infrastructure project to be completed under the Northern Metropolis mega development. The new bypass promises to cut travel times by 10 minutes and will serve as a vital roadway for the Fanling North New Development…
A hotel operator’s planned entry into Xiongan New Area southwest of Beijing highlights a tentative but growing alignment between Hong Kong’s private sector and the state-backed development project, as leaders renew efforts to accelerate the zone’s transformation into a hi-tech growth hub. Hong Kong-based Langham Hospitality Group, a wholly owned subsidiary of Great Eagle Holdings,…
(Front row from left) Rose Kay, chief compliance officer, Hong Kong and Greater China & North Asia of Standard Chartered Bank; Ronick Chan, vice chairman and secretary of the Chinese Banking Association of Hong Kong; Sun Yu, chairman of the Hong Kong Association of Banks; Bernadette Linn, HKSAR secretary for development; Arthur Yuen, deputy chief…
The Hong Kong government plans to launch a public consultation this quarter on the city’s first five-year plan aligned with national development, aiming to gather views on which policies the government should focus on in the coming years. Chief Executive John Lee Ka-chiu said on Tuesday that Hong Kong’s five-year plan would bring numerous benefits,…
Hong Kong’s MTR Corporation said on Monday that it had received eight bids for a commercial and residential development at one of the critical hubs in the Northern Metropolis, a large-scale project that aims to bolster the city’s economic base and foster closer integration with the Greater Bay Area. The number of bids for the…
Hong Kong’s government is under mounting pressure to deliver the Northern Metropolis, announced in 2021, as it approaches the end of its term – less than 15 months and counting. The megaproject, to turn 30,000 hectares (74,132 acres) near the border with mainland China into a centre of international innovation and technology, is to be…
Hong Kong should take a more proactive approach to removing barriers hindering the cross-border flow of people, capital, goods and data with neighbouring Shenzhen, analysts have said, as the new leadership of the mainland China tech hub signals a fresh push for deeper integration. The calls for action followed the appointment of Jin Lei, an…
For the first time in its history – and in a striking departure from its long-standing doctrine of minimal economic intervention – Hong Kong is preparing to draw up a five-year plan. Chief Executive John Lee Ka-chiu has asked all policy bureaus to help draft proposals by the end of the year. To lead the…
For a Chinese enterprise venturing overseas, the first decision is often not which market to enter, but which city to launch from. And that choice increasingly narrows to Hong Kong or Singapore. Both offer deep capital markets, common law systems and Chinese-speaking talent. Both want to be the trusted first stop. But a gap has…