'Govt Ignoring Brownfields To Push Reclamation'
"); jQuery("#212 h3").html("
"); });
2018-05-07 HKT 13:37
A member of the Liber Research Community has accused the government of ignoring available brownfield sites to create a land shortage scenario in order to push reclamation and the infringement of country parks as solutions to end the city's housing crisis.
Brian Wong said there are a total of 1,300 hectares of brownfield sites in the New Territories.
"That is around 1 percent of the entire area of Hong Kong. If this important source of land supply is not taken into account fully, then it will be a great waste to the Hong Kong society," he said.
"And making an impression that we do not have any more land supply, so that we have to reclaim from the sea or even take parts of the country parks to build housing.'
The government had said that a large number of the brownfield sites are scattered, and because of that they have not been included in any future development plans.
Wong said they carried out a study two months back and found that most of the brown fields ignored by the government are not scattered and have road access.
HSBC, StanChart, Alibaba Cloud Among First Cohort Of HKMAs Gen AI Sandbox
The Hong Kong Monetary Authority (HKMA) and Cyberport have announced the first cohort of its Generative Artificial Inte... Read more
QuickFest 2025 To Focus On AI, Automation, And The Future Of Accounting
QuickFest, the virtual conference tailored for accounting professionals, bookkeepers, and consultants, will return on 1... Read more
5 Stories That Shaped Hong Kongs Fintech Scene In 2024
In 2024, Hong Kong further cemented its position as a leading fintech hub in the world, with the number of fintech comp... Read more
Top 11 Fintech Events In Hong Kong, Japan And Korea In 2025
East Asian countries, especially Hong Kong, China and South Korea, have become global hotspots for fintech innovation, ... Read more
Hong Kong SFC Grants Four VATP Licences, Boosting Virtual Asset Growth
The Securities and Futures Commission (SFC) announced today that it has granted Hong Kong VATP licences to four virtual... Read more
ZA Bank Chief Exec Ronald Iu Reportedly Stepping Down, May Join PAObank
Chief Executive of Hong Kong’s ZA Bank, Ronald Iu, is reportedly planning to step down early next year, according to ... Read more