Executive Council 'fully Endorses' 8 Land Options

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

Related News Programmes

"); });

2019-02-19 HKT 22:31

Share this story

facebook

  • Developing part of Fanling Golf Course has been one of the most controversial options put forward. Photo: RTHK

    Developing part of Fanling Golf Course has been one of the most controversial options put forward. Photo: RTHK

Sources have told RTHK the Executive Council has "fully endorsed" the eight options proposed by a government-appointed land supply task force - including taking back part of the Fanling Golf Course for housing.

The Development Bureau was expected to make a formal announcement on Wednesday on the way forward.

Almost two months after the task force submitted its report, the government now appears to have come up with its response.

In late December, the panel suggested eight ways to generate about three-thousand hectares of land for development.

Now it's reported that the Executive Council has approved all of them - including the contentious option to take back part of the 170-hectare Fanling golf course and build a 1,000-hectare artificial island east of Lantau.

Sources say officials have given the green light to take back 32 hectares of the golf course - leaving the rest untouched, so that it can continue to hold international events.

But that's expected to anger critics from both sides of the debate.

Sports enthusiasts have hit out at the proposal - saying not even a small part of the course should be compromised, because that would mean Hong Kong can no longer feature in international tours.

And there are those who want to use the entire golf course to build homes.

Reclamation off Lantau is another bone of contention. The task force has proposed a project covering 1,000 hectares, but the Carrie Lam government favours an expanded 1,700-hectare "Lantau Tomorrow Vision" scheme.

The other options the task force has suggested include developing brownfield sites and private farmland, as well as building more new towns in the New Territories.

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