As the Hong Kong Special Administrative Region formulates its first five-year plan and aligns its development with the national 15th Five-Year Plan (2026-30), the Northern Metropolis stands as the city’s premier growth engine. Positioned to expand urban development capacity and catalyze an innovation and technology (I&T) ecosystem, the project is essential to the SAR’s long-term…
Hong Kong will unveil its first five-year plan and annual policy address on September 16, the city’s leader has announced, as he visited grass-roots residents and inspected community services to gather public views. “The five-year plan draws the eyes of a dragon, while the policy address draws the entire dragon,” Chief Executive John Lee Ka-chiu…
An industry leader and a lawmaker have called for subsidies for small and medium-sized enterprises after fuel surcharges imposed by Hong Kong’s two power suppliers rose by nearly 80 per cent and 15 per cent, respectively, since March, amid the Middle East conflict. HK Electric, which supplies electricity mainly to Hong Kong Island and Lamma…
Mainland Chinese enterprises will play a key role in developing Hong Kong’s Northern Metropolis by sharing financial risks and helping align the megaproject with national strategy, according to real estate and political advisers. Their analysis followed the award of the blueprint’s first pilot area in Hung Shui Kiu to HSK New Development, a consortium led…
Mainland China’s vast pool of engineers can help Hong Kong companies expand, bridge their talent gap and scale up operations, industry leaders have said. They shared their insights during a six-day media tour of the Greater Bay Area organised by the Hong Kong and Macau Affairs Office. The itinerary included a research institute in Guangzhou’s…
JD.com may be a major logistics leader in mainland China, but as part of a joint venture that won the first land project in the Northern Metropolis, it must overcome labour and road traffic hurdles to become an economic driver in Hong Kong, experts have said. Jeffrey Lam Kin-fung, chairman of the Hung Shui Kiu…
Hong Kong authorities have big plans for Hung Shui Kiu-Ha Tsuen New Development Area (Image: HKSAR) A joint bid by Chinese e-commerce giant JD.com, Hong Kong builder Sino Land and four mainland developers won a tender for an integrated residential and tech park project near the mainland border with total investment in the development expected…
Mainland Chinese technology and pharmaceutical companies are using Hong Kong as a launching pad for global expansion, industry leaders have said, as a major state-owned drugmaker weighs whether to invest in the city’s Northern Metropolis megaproject. The comments highlighting the city’s international background and professional expertise were made during a six-day trip to the rest…
A six-member consortium comprising mainland Chinese state-owned and private heavyweights alongside a major Hong Kong developer has won the first “large-scale land disposal” project in the Northern Metropolis for HK$1.03 billion (US$132 million), with total investment projected at HK$16.8 billion. The Development Bureau announced the results on Monday, awarding the tender for the 10.5-hectare development…
Hong Kong’s leader has called on scientists, leading enterprises and investment institutions from around the world to seize opportunities in the city, describing it as a “golden gateway” for overseas companies to enter the mainland Chinese market and mainland unicorn firms to expand globally. Speaking at the first Global Unicorn Summit on Monday, Chief Executive…