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Hong Kong Launches Tender for Industrial Park Development

12/29/2025

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Story summary
  • Hong Kong's government will establish a company to manage the Hung Shui Kiu industrial park, part of the Northern Metropolis plan to transform 30,000 hectares.
  • Secretary for Development Bernadette Linn Hon-ho announced a six-month tender for a 23-hectare pilot area within the park.
  • The government will offer incentives to attract bids and allow bidders to pay up to 75% of the premium within three years.