New company to develop Hung Shui Kiu in Northern Metropolis
發佈日期: 2025-12-29 22:18
TVB News
The government on Monday announced the establishment of Hung Shui Kiu Industry Park Company Limited to handle the development and operation of an industrial plot in Hung Shui Kiu.
The company's registration will be completed by early January.
Authorities aim to transform the 23-hectare plot in Hung Shui Kiu into an industrial park as part of Hong Kong's accelerated Northern Metropolis project.
Authorities said that the Hung Shui Kiu Industry Park Company is an unincorporated business -- it will be wholly-owned by the government through the Financial Secretary Incorporated.
The existing planning purposes for the industrial plot are zoned as " Port Back-up, Storage and Workshop."
The Development Bureau will apply for the approval of the Town Planning Board for rezoning the plot to designate a park-specific zoning for the industry park.
Eight of the 23 hectares of the industry park are "spade-ready sites," meaning those lands will first be ready to undergo transformation.
Authorities will provide initial capital into the company to support its early operation and development needs.
But the capital amount will only be announced in the upcoming Budget.
Speaking to the media on Monday, Secretary for Development Bernadette Linn said they will launch the recruitment for the company's CEO and board of directors early January.
The target is for the company to start operating by mid-2026.
"They will have to be people coming from different professions with expertise and experience in the running of different industries," said Linn. "And also, we would very much like our directors and the chief executive officer to have vision and foresight so that they can help Hong Kong lead the way in enterprise development."
Meanwhile, Linn said bidding for the pilot area in the Hung Shui Kiu will start on Tuesday.
The area includes three pieces of residential land and three enterprise and technology sites, offering a total of 3,120 housing units and about 280,000 square metres of area for industrial buildings.
"We have introduced premium by phases arrangement, and also, what I would describe as "surrender and offset arrangement" to minimise the cash-flow burden on the potential bidders," she said. "We have also allowed a longer tender period. We are optimistic that we will have good tender bids, and we will access our tender based on the two-envelope approach, with as high as 70 percent of the marks going to technical proposes, which is non-premium part of the tender."
The tender period will last for six months until July.
