Task Force Submits Land Options For Public Views

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

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1393285_1_20180426175253.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/k2/1393285-20180426.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1393285-20180426.htm', 'DCS.dcsqry', '' ); } } }); }); });

2018-04-26 HKT 17:52

Share this story

facebook

  • Task force submits land options for public views

The Task Force on Land Supply rolled out a five-month public consultation on Thursday, asking people to comment on 18 options it has drawn up for finding land for housing.

Record-shattering house prices in the city have sparked criticism that land supply is too limited, and more needs to be done to free up land and build more homes.

Some of the task force's proposals are contentious, such as building on the fringes of country parks, reclaiming land outside Victoria Harbour, and developing land now under private recreational leases, such as the golf courses in Fanling.

Other options include the development of brownfield sites, caverns or underground spaces; and new developments in the New Territories and on Lantau.

The consultation paper also flags up some conceptual ideas, such as relocating the Kwai Tsing Container Terminals or building on top of them.

The chairman of the task force, Stanley Wong, said there is no single, “painless” solution to the 1,200-hectare land shortage estimated by the government.

He said different stakeholders are bound to be affected by – or in some cases benefit directly from – some of the options.

In order to allay public concerns over possible underhand deals in potential public-private partnership arrangements, Wong said an independent body should be established to oversee such projects.

He said that the task force has no particular preference for any one of the options, and will compile a report to the government at the conclusion of the public consultation.

The Chief Executive Carrie Lam appointed the 30-member task force last year to look at Hong Kong’s land supply problems and identify the best solutions available.

Lam had said at that time that the objective was to build consensus in society and to draw up a broad framework of recommendations on the overall land supply for further consideration by the government.

RECENT NEWS

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