URA Unveils Plan For Kowloon City Area Revamp
"); jQuery("#212 h3").html("

"); });
2018-06-22 HKT 14:04
The Urban Renewal Authority on Friday unveiled a redevelopment proposal to replace 60-year-old tenements with 560 small and medium-sized flats in To Kwa Wan.
This is part of a bigger plan involving five other projects being implemented in the Kowloon City district to redevelop the area, improve road networks, and make the area more pedestrian-friendly.
The new Wing Kwong-Sung On Street project will affect about 500 households and 50 shops, and is expected to take eight to 10 years to complete once work begins. The projects can commence after government approval is obtained.
URA Planning and Design Director Wilfred Au said the new project will become a "nucleus" in the district, with surrounding redevelopment proposals complementing it.
He said one idea is to provide the area with two underground car parks to free up more space for wider pavements and some greenery. It may even be able to provide pedestrian only zones, Au said.
The official said it is too early to give a cost estimate.
The details of the project and a social assessment report will be made available to the public on the URA's website and at selected URA offices. People can submit their comments and opinions till August 22.
OKI And Hitachi To Launch Joint Venture For ATM And Automated Equipment In October
OKI, Hitachi, and Hitachi Channel Solutions have announced that they have reached agreements to integrate their automat... Read more
The Race For Hong Kongs First Stablecoin Licenses Is Almost Over
I’ve been refreshing the Hong Kong Monetary Authority’s register of licensed stablecoin issuers frequently over the... Read more
HTF Securities And Alchemy Pay Expand Hong Kong Type 1 License For Virtual Assets
Alchemy Pay has announced that, in partnership with HTF Securities Limited, it has successfully expanded HTF Securities... Read more
Ping An Digital Bank Rebrands As Deposits Exceed HK$12 Billion
Ping An Digital Bank has introduced a new brand identity, aligning more closely with its parent, Ping An Insurance. The... Read more
Futus PantherTrade Launches Full-Scale Licensed Operations In Hong Kong
Futu has announced that its wholly-owned virtual asset trading platform, PantherTrade, has begun full-scale licensed op... Read more
Mastercard Enables AI Agent To Complete Live Ride-Booking Payment In South Korea
Mastercard has completed a live, authenticated agentic transaction in South Korea, marking a key development in AI-powe... Read more