Hong Kong and Shenzhen are discussing implementation details for a pilot project to ease the cross-border flow of data, materials, and capital within the Hetao Innovation Zone. The initiative aims to foster collaboration and support Hong Kong's ambition to become a global innovation hub.
Hong Kong and Shenzhen will launch pilot initiatives this year to ease cross-border flows of data, materials, and capital within the Northern Metropolis development. The measures aim to foster collaboration and support Hong Kong's ambition to become an international I&T hub.
Hong Kong and Shenzhen will pilot new measures this year to ease cross-border flows of data, materials, and capital within the Northern Metropolis development, focusing on the Hetao Science and Technology Innovation Co-operation Zone. The initiative aims to foster collaboration and support Hong Kong's ambition to become an international I&T hub.
Hong Kong's education authorities may miss the first-half deadline for a university town concept plan, as it needs to align with the city's upcoming five-year plan. The framework, initially slated for early 2026, is in a 'highly dynamic state' of planning.
Hong Kong's leader, John Lee, plans to expand a proposed university town near the mainland border to over 1,000 hectares, integrating education with industry and innovation. Beijing's endorsement highlights its role in economic and tech development.
Xia Baolong, Beijing's point man on Hong Kong affairs, began a two-day visit inspecting housing and technology projects. He visited a public housing site using modular construction, highlighting Greater Bay Area manufacturing capabilities to address Hong Kong's housing shortage.
Xia Baolong, director of the Hong Kong and Macau Affairs Office, will visit Hong Kong for two days to inspect the city's alignment with the national 15th five-year plan and the advancement of the Northern Metropolis megaproject. His visit coincides with the start of a public consultation for Hong Kong's first five-year plan.
Hong Kong's first five-year plan, set to be finalized by end of 2026, will focus on economic upgrading, leveraging AI for job creation, and promoting inclusive development. Public consultation begins Monday.
Hong Kong official John Lee emphasized the Northern Metropolis project's importance in attracting talent, crucial for industrial upgrades and competing globally. Early success stories, like the Hetao cooperation zone, are needed to draw investors.
Hong Kong evicts 20 Tin Sam Tsuen villagers for Northern Metropolis project despite unresolved compensation and relocation concerns.
Hopewell Holdings' 90-year-old founder, Wu, expresses caution on investing in Hong Kong's Northern Metropolis project, citing the need for government to first resolve land ownership and transport issues. He also advocates for large-scale reclamation off Lantau to address future population growth.
Hong Kong is boosting efforts to make its Northern Metropolis a hub for ASEAN businesses looking to access the Greater Bay Area. A delegation of diplomats and business leaders from Southeast Asia toured the development zone, highlighting opportunities in innovation, technology, and logistics.
Hong Kong authorities evict residents from Yick Yuen Tsuen village in Tuen Mun for the Northern Metropolis project, despite some receiving short notice, while others left voluntarily.
Hong Kong's Northern Metropolis project, a 20-plus-year development, aims to balance large-scale urbanisation with human-centric design, drawing parallels to global city transformations like Shanghai's Pudong and Brooklyn.
Hong Kong is transforming Hung Shui Kiu into a "northwest stronghold" with an industry-first strategy, prioritizing clusters in innovation, logistics, and professional services to anchor population growth and create a sustainable urban environment.
Hung Shui Kiu Industry Park, part of Hong Kong's Northern Metropolis project, has drawn significant global interest from AI and environmental companies. Chairman Jeffrey Lam anticipates the park will be operational by July next year, with inquiries from the US, Europe, ASEAN, and the Middle East.
Hong Kong's construction sector is undergoing a digital transformation, driven by public investment and a "AI+" agenda. The Hong Kong Construction Industry (HKIC) is central to this shift, offering training in AI, robotics, and digital engineering to upskill the workforce and enhance efficiency and safety.
When Law Yin-ping moved into a village house in Yick Yuen Tsuen in northwest Hong Kong’s Lam Tei more than a decade ago with her granddaughters, it never crossed her mind that they could one day be rendered homeless – and forcibly separated. The Tuen Mun village falls within the government’s planned Hung Shui Kiu/Ha Tsuen New Development Area, which is set to become a high-end professional services and logistics hub under the Northern Metropolis megaproject. Law, who is nearly 70, said on Sunday...
When Law Yin-ping moved into a village house in Yick Yuen Tsuen, Hung Shui Kiu, in northwest Hong Kong more than a decade ago with her granddaughters, it never crossed her mind that they could one day be homeless – and forcibly separated. The Tuen Mun village falls within the government’s planned Hung Shui Kiu/Ha Tsuen New Development Area, which is set to become a high-end professional services and logistics hub under the Northern Metropolis megaproject. Law, who is nearly 70, said on Sunday...
Hong Kong has raised HK$27.6 billion (US$3.5 billion) through a green and infrastructure bond sale to finance the Northern Metropolis and low-carbon transformation projects. The offering drew investors from more than 30 markets across Asia, Europe, the Middle East and the Americas, signalling global institutional investors’ confidence in Hong Kong’s development, the Hong Kong Monetary Authority said in a statement on Friday. Orders totalled about HK$239 billion, 8.6 times the offer size. The...
The Hong Kong government has appointed veteran politician Jeffrey Lam Kin-fung to chair the board of directors of the Hung Shui Kiu Industry Park Company – the first entity established to accelerate the development of the Northern Metropolis project. The Development Bureau said on Friday that the board of directors comprises five bureau chiefs and five non-official members, tasked with formulating a “forward-looking development positioning and strategy” for the 23-hectare logistics park, the...
As Hong Kong prepares for another major push in public works, one question deserves far more attention than it has received: are we buying infrastructure in a way that is sustainable for the construction industry and the public as a whole? In his February budget, Financial Secretary Paul Chan Mo-po announced that HK$150 billion (US$19.1 billion) will be transferred from the Exchange Fund to support the Northern Metropolis and other infrastructure projects in the coming two years. This major...
Beijing’s point man on Hong Kong affairs and a senior national energy official have held meetings with CLP Holdings chairman Michael Kadoorie, with observers saying it signalled that the firm was expected to help minimise livelihood disruptions amid the ongoing global fuel crisis and support the Northern Metropolis megaproject. The Hong Kong and Macau Affairs Office said its director, Xia Baolong, spoke with Kadoorie, his son Philip Kadorrie and the senior management of energy firm CLP Power in...
Guangdong province will “actively align” with Hong Kong’s strategy for the Northern Metropolis megaproject and highlight areas of collaboration as part of the province’s 15th five-year plan. The Guangdong provincial government on Tuesday published its development blueprint, with the term “Guangdong-Hong Kong-Macau Greater Bay Area” mentioned 57 times in the document and a chapter dedicated to the region’s development. Its proposal for economic and social development, as part of Beijing’s...
