DAB Puts Forward Ideas For Lung Kwu Tan
"); jQuery("#212 h3").html("

"); });
2023-03-24 HKT 18:09
DAB lawmaker Holden Chow on Friday called on the government to set aside land for industries such as advanced manufacturing and advanced food processing when it develops Lung Kwu Tan in the New Territories.
A Development Bureau reclamation and redevelopment plan is set to provide 210 hectares of new land in the area for developing modern and advanced industries, with 145 hectares of this reclaimed land and the rest brownfield sites.
Chow, who represents New Territories North West in Legco, said he believes the advanced manufacturing and advanced food processing industries would benefit from plots in the area.
"Instead of designated premises, advanced manufacturing owners would also prefer fresh and newly created land, so that they could actually build their manufacturing base or factory on the land," he said.
"If there is a designated premises on food processing in Lung Kwu Tan, advanced food processing businesses could accommodate the use and instalment of automation systems and smart production lines," he added.
Chow also said he estimates that the development plan will lead to the creation of at least 50,000 jobs.
Fraud & AML In Asia: What Banks Need To Know In 2026
Fraud and AML in Asia have shifted over the past year. Alongside the system-level attacks that continue, panellists poi... Read more
Hong Kongs Total AUM Hits Record HK$42.2 Trillion In 2025
According to the Securities and Futures Commission (SFC), Hong Kong’s total assets under management (AUM) reached a r... Read more
Hyundai Card Leverages Apple Pay To Target Gen Z Users
Hyundai Card launched six new debit and hybrid cards tailored to Apple Pay users in April. The South Korean issuer is t... Read more
DBS And Samsung Securities Partner For Global Wealth Expansion
DBS has signed a MoU with South Korea’s Samsung Securities to establish a strategic partnership in wealth management.... Read more
RedotPay Selects OpenPayd For Treasury Operations And Global Remittances
RedotPay has selected OpenPayd to enhance its treasury operations and cross-border remittance services. The company wil... Read more
JCB Rolls Out Contactless Transit Payments Across Taipei Metro
JCB has rolled out contactless payment acceptance on the Taipei Metro. The integration allows cardholders to tap physic... Read more

