Slash Red Tape To Fix Housing: Liberal Party

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

Related News Programmes

"); });

2019-10-13 HKT 09:08

Share this story

facebook

  • Liberal Party chairman Tommy Cheung says red tape is at the heart of the SAR's housing shortage. File photo: RTHK

    Liberal Party chairman Tommy Cheung says red tape is at the heart of the SAR's housing shortage. File photo: RTHK

The Liberal Party is calling on the government to reduce red tape so land can be released to build homes more quickly.

Speaking on RTHK's Letter to Hong Kong programme, party chairman Tommy Cheung said the SAR desperately needed more housing, but complicated procedures involving multiple departments made building flats more difficult.

Cheung, who's also a member of the Executive Council, says it's time for the Carrie Lam administration to speed the process up.

He said that building housing in the SAR was delayed by local community opposition and by complicated procedures from various arms of government.

He said it could take more than 10 or even 20 years to complete all necessary procedures.

"The Liberal Party believe that there should be a complete overhaul of this red tape and bureaucracy among bureaux and departments to expedite the pace of approval, change of land use and housing development," Cheung said.

The average wait for a public housing flat is now 5.4 years, a lot longer than the government's three-year target.

There have also been recent calls for the government to use the Land Resumption Ordinance to get new housing sites and speed up flat building.

The government has set an annual target of 13,500 new homes, but critics say it needs to do more to address the situation.

RECENT NEWS

Jean-Louis Tse Appointed CEO Of FinTech Association Of Hong Kong

The FinTech Association of Hong Kong (FTAHK) has appointed Jean-Louis Tse as its new CEO. Jean-Louis brings over 20 yea... Read more

XTransfer To Present Compliance And SME Solutions At Hong Kong Fintech Week

XTransfer will participate in Hong Kong Fintech Week 2025 as the event’s Official Fintech Partner. This marks the sec... Read more

Hang Seng E-HKD Pilots Reveal Gains In SME Cash Flow And Efficiency

Hang Seng Bank has completed two use cases in Phase 2 of the e-HKD Pilot Programme under the Hong Kong Monetary Authori... Read more

FundPark Raises US$71M After Surpassing US$6B In ECommerce Financing

FundPark, a Hong Kong-based technology company providing financing solutions for eCommerce businesses, has raised US$71... Read more

Hang Seng Bank Launches “JustPay” With Voice Recording Payment Feature

Hang Seng Bank has introduced “JustPay”, an industry-first payment experience featuring a voice recording function.... Read more

How To Build An AI First Bank | Malaysia Banking CxO Roundtable

AI is changing banking faster than ever, from how banks detect fraud to how customers interact with apps. In this round... Read more