Development Chief Defends Fanling 'balancing' Act

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2019-02-23 HKT 10:28

Share this story

facebook

  • Development chief defends Fanling 'balancing' act

The Development Secretary, Michael Wong, on Saturday defended the government's decision to limit development to just part of the Fanling Golf Course, describing it as a "balancing act".

Under the government's plan, only 32 hectares of the 172-hectare venue will be primarily turned into public housing, allowing the rest to continue to operate as a golf course.

He said the 32 hectares would enable the government to increase the supply of mainly public housing in the short term.

"We all know about the housing shortage faced by Hong Kong," Wong said.

Speaking after taking part in an RTHK programme, he said that building homes on the remaining 140 hectares of land would be a long-term plan, because it would require adding transport infrastructure.

Wong also praised the private club's contributions to sports development over the years.

The government's decision to develop part of the Fanling Golf Course has been attacked from various quarters, with golf fans decrying the plan to sacrifice a world-class sporting venue, while others say the entire course should be used to ease the housing shortage.

Wong said the government ought to safeguard the public interest.

But he noted that it was impossible to keep everyone happy because the government's decision would always be in the middle of the political spectrum.

RECENT NEWS

Future Fintechs Hong Kong Subsidiary Seeks VASP And Asset Management Licenses

Future Fintech, a financial and digital technology services provider, announced that its wholly owned Hong Kong subsidi... Read more

Can Regulation Scale With Innovation? Inside The Stablecoin Plans Of HK And The U.S.

Back in 2022, stablecoins were still an emerging topic. Yet, they stirred enough flurry for the Hong Kong Monetary Auth... Read more

Cyberport Start-ups Forge Regional Fintech Ties At MyFintech Week 2025 In Malaysia

Cyberport led a delegation of its fintech start-ups to MyFintech Week 2025 (MyFW 2025), held in Kuala Lumpur from 4 to ... Read more

Hong Kongs Stablecoin Law Triggers Industry Concerns Over KYC Rules

Hong Kong’s newly implemented stablecoin law, in effect since 1 August, has sparked concern among some in the industr... Read more

Stopping Fraud At The Gate: The New Imperative For Registration & Transaction Monitoring

The Asia-Pacific fintech landscape is thriving, fueled by the rapid adoption of digital payments, online banking and al... Read more

Hong Kong Private Banks See 14% Growth, Hire 400 More Wealth Managers

Hong Kong’s private banking and wealth management sectors are poised for further growth in hiring and office expansio... Read more