Policy address. Live | Wong Wai Lun: Tomorrow Lantau Research Grants will be reviewed and expected to be launched soon

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Written by: Kong Fanxu

2020-11-26 13:54

Last update date: 2020-11-26 14:15

Hong Kong’s housing supply shortage and traffic congestion have been plagued for many years. Chief Executive Carrie Lam issued a "policy address" yesterday (25), stressing that he will not abandon the Lantau Tomorrow Vision plan, and will study innovative financing options, while developing local transportation to connect the north of Hong Kong Island. And Lantau Island to ease traffic flow.

Lam Cheng also pointed out that 330 hectares of land has been found to build 316,000 public housing units, which can meet the long-term plan for the next ten years, mainly from agricultural land and brownfields in the north of the New Territories, as well as 9 urban sites and Fanling Golf Part of the ground is used for the stadium, but the questioned figure "has water."

The government will also increase the number of transitional housing units and study funding non-governmental organizations to rent suitable hotels and guesthouse units with low occupancy rates.

[14:05] The Secretary for Development, Wong Wai Lun, said that the development of Fanling North and Kwu Tung North is underway, and private residential development sites have been included in the land sale. It is expected that the first batch of houses will be completed by 2026.

The Tung Chung East Development Area project started in 2017. The land was handed over to the Housing Authority in March this year. It is expected that 10,000 public housing units will be completed by 2024.

As for the second phase of the Hung Shui Kiu development project, it was launched in September; the Yuen Long South Development has entered the statutory planning process, seeking to apply for funding from the Legislative Council for the first phase of the development in the second half of next year.

As for brownfields, 803 hectares of land have been developed into houses one after another. Planning work for the remaining 450 hectares has been completed, and some housing will be provided. It is expected to supply 20,000 public housing units.

Three squatter areas in the urban area will develop high-density housing, which will be under the responsibility of the Housing Association. Construction will start in phases from 2025. It is expected to provide 6,300 urban public housing units.

▼Eight Key Points of Policy Address 2020▼

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↓Transitional houses↓

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↓Dakeng West Village↓

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↓Siu Ho Wan Depot Project of MTR Lantau Island↓

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Policy Address Policy Address 2020 Chen Fan Wong Wai Lun