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Northern Metropolis

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Northern Metropolis
Carrie Lam Cheng Yuet-ngor laid down the blueprint for the Northern Metropolis in her 2021 policy address. The scheme, repackaged and expanded from an existing new town plan, involves the development of an IT hub in northern New Territories near the border with mainland China, construction of up to 186,000 homes and a new cross-border railway linking the city to the Qianhai economic zone in Shenzhen. The plan, which would take 20 years to deliver, is seen as a major strategic change for development, moving the city's centre away from Hong Kong Island to the north, to integrate the city into the latest national development plan.
Hong Kong economy

Land tender for flagship Northern Metropolis tech hub draws 6 bids

Operator Loop Hong Kong Park Company hails ‘enthusiastic response’ to tender that follows land sale for pilot project at Hung Shui Kiu.

Exclusive | Singapore firms keen to tap Northern Metropolis’ ‘massive potential’, envoy says

videocam

JD.com’s expansion could test Hong Kong’s footfall-driven retail property model

Chinese e-commerce firm builds network of stores and warehouses that analysts say may reduce reliance on footfall for some retailers.

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