Development Bureau
Coverage of Development Bureau in the Nexus archive.
- Pak Shek Kok station on East Rail line scheduled to open as early as 2033
The Pak Shek Kok station on Hong Kong's East Rail line is scheduled to open by 2033, with the MTR Corporation required to build it to enhance connectivity for a tech hub. The project will be financed through private flats near the station, replacing the original plan of mixed private and public housing.
- Henderson, Sino join JD.com in bid for Hong Kong’s first Northern Metropolis pilot project
Henderson Land Development and Sino Land have submitted bids for Hong Kong’s first Northern Metropolis pilot project. Sino Land partnered with five other companies for the tender, and the government is set to receive bids by noon today. The Development Bureau will announce the final number of bids on Friday.
- More Northern Metropolis areas to benefit from eased flow of cross-border resources
New measures to ease cross-border flows of data, materials, and capital will expand to more areas of the Northern Metropolis development. Pilot initiatives are set to launch this year in Hong Kong’s innovation zone and Shenzhen, with the Development Bureau providing updates on legislation to accelerate the 30,000-hectare project.
- 6 bids for Hong Kong land sale signal renewed confidence despite market caution
Hong Kong's first land sale of the financial year received six bids, including from major developers SHKP and a joint offer from Kerry Properties and Sino Land, indicating renewed confidence in the residential property market despite broader market caution.