Hong Kong’s leader predicts her policy proposals will provide more than 1 million homes in the next three decades.
Chief Executive Carrie Lam revealed in her policy address that Hong Kong faced a shortfall of 3,000 hectares of land for housing, economic and recreational developments over the next three decades to 2048, much higher than an initial estimate of 1,200 hectares in a long-delayed review of a planning study.
But she indicated that the administration had already identified about 4,100 hectares from major projects – including Lantau Tomorrow Vision, a massive reclamation scheme in waters east of Lantau Island, and parts of a proposed “Northern Metropolis” – over the 30 years.
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