'Harbour Plans Need Private-sector's Creativity'

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

Related News Programmes

"); });

2019-03-17 HKT 09:17

Share this story

facebook

  • Paul Chan has ambitious plans for the harbourfront. Photo: RTHK

    Paul Chan has ambitious plans for the harbourfront. Photo: RTHK

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.

RECENT NEWS

TOPPAN Edge Becomes Japans First Qualified VLEI Issuer

The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more

SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more

Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin

South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more

China Funds Research On Stablecoins And Cross-Border Oversight

China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more

XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership

XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more

Brinc Launches VentureVerse Through Acquisition Of OG Club

Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more