Policy Address

Sites for Industrial and Commercial Developments

Kowloon East

130.         The Energizing Kowloon East initiative will facilitate the development of Kowloon East into a new Central Business District (CBD) to support Hong Kong’s long-term economic development.  We will capitalise on the transformation of Kowloon East and identify sites to support the development of arts, culture and creative industries, with a view to turning Kowloon East into a distinctive business area.  For example, we will convert the sites underneath the Kwun Tong Bypass for arts and cultural events and use by creative industries.

131.         We are pursuing the relocation of the existing government facilities in the two action areas of Kowloon East.  In the course of planning, apart from building offices, the Government will explore opportunities to provide space for the arts and cultural community and creative industries.

Kai Tak Development

132.         To tie in with the transformation of Kowloon East, the Government has reviewed the planning for the Kai Tak Development and is now carrying out technical studies.  It is anticipated that an additional floor area of about 430 000 square metres for office accommodation and about 6 800 new residential units can be provided.

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