'CE Should Drop Lantau Plan To Signal New Start'
"); jQuery("#212 h3").html("

"); });
2019-07-12 HKT 17:03
An alliance of green groups says Chief Executive Carrie Lam should demonstrate to the public that she is sincere in mending social rifts – by withdrawing plans to reclaim over 1,700 hectares of land off Lantau island.
The CE announced the Lantau Tomorrow Vision project in her last policy address, with the aim to boost land and housing supply.
But the alliance said on Friday that the CE had ignored the public's opposition to the project, just like she did over the extradition law bill.
It said the reclamation project would cost too much – a record HK$624 billion of taxpayers' money – and the government should instead make use of existing brownfield sites.
The alliance's spokesman, Paul Zimmerman, said the government should now drop a HK$550 million funding request for a study relating to the project, even though the item had been put at the bottom of the Legco Finance Committee's agenda.
Zimmerman, who represents Designing Hong Kong, said Lam can take away an area of conflict immediately if she makes it clear that she is dropping the plan.
The other groups in the alliance include Greeners Action, the Save Lantau Alliance, and Green Sense.
In her media briefing last week, the Chief Executive had promised to revamp the government's style of governance by reaching out to the people more and listening to views from various sections of society.
She also appealed to the public to give her administration another chance, admitting its approach to the extradition bill saga had been a failure.
HSBC And Standard Chartered Venture Reportedly Among First For Hong Kong Stablecoin Licenses
People familiar with the matter say HSBC and a joint venture led by Standard Chartered will likely be among the first f... Read more
Hong Kong Taxi E-Payment Adoption Surges, Hits 90% Ahead Of April 2026 Mandate
The taxi industry is moving decisively toward digital payments as the mandatory Hong Kong taxi e-payment requirement, s... Read more
SUNRATE Renames China Payment Unit Following Regulatory Approval
SUNRATE has changed the name of its China-licensed entity from Transfar Pay to SUNRATE Pay following following regulato... Read more
Bithumb Could Face Six-Month Business Suspension Over AML Breaches
Financial authorities plan to impose significant sanctions on virtual asset exchange Bithumb for breaching anti-money l... Read more
HSBC Hong Kong Enables Digital Consolidation Of Multiple Passbooks
HSBC Hong Kong has introduced a new Passbook Consolidation feature on the HSBC HK App, allowing customers to view and m... Read more
PAObank Launches Flexible Wealth Service For Retail Customers
PAObank has launched a new wealth service, offering a dual-advantage solution that allows customers to switch between i... Read more
