Artist’s impression for illustrative purpose only

Diversified Means of Land Disposal and Tapping Market Forces

Various forms of public-private partnership will be considered. When granting land for I&T uses in the area, land disposal methods other than open tendering may be considered taking into account the industry-specific policy of ITIB. On current planning, the first batch of unformed I&T land is expected to be available in Q4 2024 for works to start and becomes formed sites in 2026. The Government may also consider allowing the prospective enterprises to carry out site formation works. Besides, consideration may be given to applying the Enhanced Conventional New Town Approach which has been adopted in Kwu Tung North/Fanling North and Hung Shui Kiu/Ha Tsuen New Development Areas (NDAs) under which the Government may allow in-situ land exchange applications from lot owner-developers to carry out developments in NDAs (which may include the relevant site formation works) which accord with Government’s planning intention. This would not only leverage market forces to enhance quantity and speed of the developments, but may also allow better management of the cash flow of development projects.
Hung Shui Kiu/Ha Tsuen New Development Area
Kwu Tung North New Development Area
Civil Engineering and Development Department and Planning Department
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