Govt To Lease Brownfield Sites To Affected Operators
"); jQuery("#212 h3").html("

"); });
2022-10-21 HKT 18:22
The Lands Department announced that it’s leasing out three pieces of government land in Tai Po and North District to brownfield operators affected by
the government’s land resumption exercises.
The department said in a press release that businesses affected by the administration's clearance operations before the end of next year are eligible to submit a tender from Friday to November 22.
Officials said all three sites are suitable for industrial, open storage, vehicle repair workshop and warehouse uses. Two of them could also serve as public car parks, or facilitate the operation of the recycling business.
Chief Executive John Lee had announced in his Policy Address on Wednesday that more than half of the 1,600 hectares of brownfield sites in the New Territories will be developed for housing and other purposes.
He added that occupants of the affected sites will be offered alternative premises at below-market rates.
A Lands Department spokesperson said authorities are now identifying sites that could be suitable for short-term leases.
EDENA Unveils AI System To Automate Sovereign Asset Settlement
At the DAT Summit Hong Kong, EDENA Capital Partners launched the Autonomic Financial OS. The company describes it as an... Read more
Naver Exposes 15,000 Knowledge IN Users Activity, Moves To Improve Privacy Controls
Naver has announced measures following an incident in which around 15,000 users’ activity histories on Knowledge iN w... Read more
Japans PayPay Files For US IPO, Targets Valuation Above US$10B
SoftBank‘s digital payments unit, PayPay, has filed publicly for a US IPO. The listing could be the largest by a Japa... Read more
Inference Research Launches In Hong Kong With US$20M Seed Funding
Inference Research, an AI-native quantitative trading firm based in Hong Kong, has announced its launch and the expecte... Read more
London-Based Unlimit Appoints Michele Fung To Lead APAC Expansion
London-based fintech company Unlimit, which provides a broad range of financial technology services, has appointed Mich... Read more
SoFi Launches Digital Asset Trading In Hong Kong Through OSL Partnership
SoFi Securities (Hong Kong) (SoFi Hong Kong) and OSL Group have announced a partnership to offer digital asset trading ... Read more
