Law Changes Set Out To Allow More Harbour Reclamation
"); jQuery("#212 h3").html("

"); });
2023-03-21 HKT 17:34
The government has put forward proposals to make it easier for more reclamation to be carried out in Victoria Harbour, by relaxing a general ban on such work and cutting the paperwork required to secure exemptions under the Harbour Protection Ordinance.
The administration says "harbour-improvement" reclamation involving less than 0.8 hectares should not be subject to the protection laws, and neither should temporary reclamation under three hectares that will remain in place for less than three years.
Reclamation is already allowed in the harbour where there is an overriding public need.
But a Development Bureau spokeswoman on Tuesday said officials find it troublesome to spend years preparing the paperwork needed to justify such projects.
She said exempting smaller and temporary reclamation works from the laws would allow people to get closer to the water through new facilities such as boardwalks and landing steps.
"We want to remove barriers for harbourfront improvement works to get things done, and do it well," the spokeswoman said.
The bureau said the financial secretary could be tasked with approving exemptions, adding that the law changes would also apply to private reclamation projects as these too can benefit the community.
It said a public engagement exercise is planned on the proposals from next month, and the legal amendments necessary are expected to be submitted to Legco in the first half of next year.
HashKey Lists On Hong Kong Exchange
HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more
North Korea Linked To Over Half Of 2025 Crypto Heist Losses
TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more
South Korea Forms Task Force After Coupang Data Breach
The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more
Is Hong Kongs Default Life Insurance Choice A Wealth Drain?
Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more
RedotPay Secures $107M Series B, Total Funding Hits $194M
RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more
91% Of Hong Kong Merchants Lose Revenue To Payment Friction
Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more

