'Harbour Plans Need Private-sector's Creativity'
"); jQuery("#212 h3").html("

"); });
2019-03-17 HKT 09:17
Financial Secretary Paul Chan has defended the government's plan to work with the private sector on a HK$6 billion rejuvenation of the harbourfront.
Speaking on RTHK's Letter to Hong Kong programme, Chan said tapping the innovation and management skills of the private sector would help the government deliver plans for nine key waterfront sites.
"For one or two signature projects in Wan Chai north, we are considering organising a design competition. The point is: we are looking for innovative designs, built around engaging themes, from water centres to smart greens, and more.
"Some of the harbourfront enhancement projects may be realised through full public-private partnerships; local or global, we encourage both. The key is to maximise the creativity and expertise in project development or management."
Chan announced funding for the harbourfront development in his budget last month. It will cover six sites on Hong Kong Island and three elsewhere in the city, and is intended to open up more of the harbour to the public.
The plan is to increase the walkable area around Victoria Harbour from the current 20 kilometres to about 34 kilometres over the next decade or so.
Hong Kong Fund Industry May Double With Tokenised Finance And 24/7 Trading Access
Hong Kong could potentially double the size of its fund industry by moving from legacy infrastructure to token-based fi... Read more
HKMA Alerts Public To Scam Website And Login Screens Posing As Official Site
The Hong Kong Monetary Authority (HKMA) has issued a public alert regarding a fraudulent website and online login scree... Read more
Hong Kong Fintech Promotion Blueprint Indicates 4 Incoming Flagship Projects
The Hong Kong Monetary Authority (HKMA) released the Hong Kong Fintech Promotion Blueprint on 3 February 2025, which sh... Read more
Visa To Enable Cross-Border Payments To 95% Of UnionPay Cardholders In China
At Web Summit Qatar, Visa and UnionPay International (UPI) announced an agreement to enable cross-border money transfer... Read more
HKMA Launches Fintech Blueprint With AI, DLT, Quantum And Cybersecurity Focus
The Hong Kong Monetary Authority (HKMA) published a Fintech Promotion Blueprint to support responsible innovation and f... Read more
How Gaming Giants Are Redefining The Experience Of Paying
Gaming isn’t just a hobby; it’s a global infrastructure challenge. In this episode Vincent Fong (Chief Editor, Fint... Read more
