Press Releases in Hong Kong

HK releases finalized ‘Hong Kong 2030+’ report

This undated photo shows a view of Central district in Hong Kong. (EDMOND TANG / CHINA DAILY)

HONG KONG – Hong Kong’s Development Bureau and the Planning Department promulgated on Friday the finalized "Hong Kong 2030+: Towards a Planning Vision and Strategy Transcending 2030" (Hong Kong 2030+), according to a press release issued by the Hong Kong government.

Hong Kong 2030+ sets out the territorial spatial development strategy for the city beyond 2030, with assessments on the overall demand and supply of land over a 30-year period from 2019 to 2048 and recommendations on sources of supply underpinned by a spatial planning framework.

"The finalised report demonstrates the Government's staunch commitment to responding to the needs and aspirations of the society and fostering inclusive growth, while capitalising on the opportunities brought by the National 14th Five-year Plan and the Outline Development Plan for the GBA," Secretary for Development Michael Wong Wai-lun was quoted as saying.

Hong Kong 2030+ sets out the territorial spatial development strategy for the city beyond 2030, with assessments on the overall demand and supply of land over a 30-year period from 2019 to 2048 and recommendations on sources of supply underpinned by a spatial planning framework

Hong Kong 2030+ projects the latest demand and supply of land for three broad categories of land uses over the projection period, namely housing, economic uses, as well as uses covering Government, Institution and Community (GIC) facilities, open space and transport infrastructure.

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It is projected that the overall demand for land in Hong Kong would be about 6,200 hectares, higher than the initial estimate of 4,800 hectares forecast in 2016, according to the report. 

Meanwhile, it is projected that there would be an overall land supply of 7,300 hectares, of which 3,200 hectares would be generated from various land development projects while the remaining 4,100 hectares would be made available in the medium to long term. 

The 4,100 hectares of land are regarded as "solution spaces" because they would help address the 3,000 hectares of land shortfall when one takes the projected demand minus the committed land supply, according to the report.

"While the projected supply is higher than the projected demand, it should be prudent for the Government to make its best endeavours in taking forward the planning of this forecast supply," Wong said.

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Director of Planning Ivan Chung Man-kit said Hong Kong 2030+ formulates a conceptual spatial framework for the future development of Hong Kong.

"It shows a close-knit network of two metropolises (i.e. the Harbour Metropolis and the Northern Metropolis) and two development axes (i.e. Western Economic Corridor and Eastern Knowledge and Technology Corridor) with existing, committed and proposed urban nodes, and the conceptual transport links,” Chung said. 

The majority of “solution spaces” comes from potential supply from the two metropolises, Chung added.