HK People Back Reclamation For Housing: Think Tank

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

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1394294_1_20180502183122.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1394294-20180502.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1394294-20180502.htm', 'DCS.dcsqry', '' ); } } }); }); });
2018-05-02 HKT 18:30
Ryan Ip speaks to RTHK's Priscilla Ng
A think tank founded by former Chief Executive Tung Chee-hwa said on Wednesday that it believes around half of the public support the idea of using reclamation as a way to boost Hong Kong's land supply.
The Our Hong Kong Foundation said it questioned around 1,000 people by phone in March and asked them if they believe large-scale reclamation outside Victoria Harbour would be a good way to tackle the territory's shortage of residential land.
About 45 percent of those surveyed said it would be, while about half also agreed that an artificial island should be built in waters east of Lantau, the think tank said.
The think tank's senior researcher, Ryan Ip, told RTHK's Priscilla Ng that estimates of how much land Hong Kong will need to find in the coming decades have been too conservative.
"If you look at our past history, over the past 40 years we have built nine new towns and now you are saying to me that over the next 30 years we only need one and a half Sha Tin [sized] new towns, that doesn't sound right to me. That's why we believe in the next 30 years, Hong Kong will need at least three Sha Tin new towns, which is roughly 9,000 hectares of land," Ip said.
Revolut Considers China Expansion Amid UK Regulatory Hurdles
UK fintech giant Revolut is exploring a potential move into China, setting the stage for competition with domestic heav... Read more
ZA Global Backs RD Technologies With US$40M To Boost HKs Stablecoin Ecosystem
ZA Global has led a US$40 million Series A2 funding round for HK fintech firm, RD Technologies (RD), marking a signific... Read more
WeLab Hit Profitability And Now Wants 500 Million Customers Across Asia
From its humble beginnings as an online lender to its rise as one of Asia’s most ambitious fintechs, WeLab Group (WeL... Read more
HKMA Finalises Guidelines For Stablecoin Issuer Regulatory Regime
The Hong Kong Monetary Authority (HKMA) has published several documents in preparation for the implementation of the re... Read more
Cybercrime Is Surging Across APAC Yet Defences Remain Fragmented
APAC saw a sharp rise in human-led attacks in 2024, with attack rates growing over 60% year-on-year and increasing 37% ... Read more
Hong Kong Advances Trade Digitalisation With MLETR Adoption
Digitalisation is reshaping the global economy, and businesses must adapt to capitalise on emerging opportunities. In t... Read more