Policy Address
III. Land Supply
18. To meet the keen housing demands of the public, we have to increase the supply of land for housing development in a persistent manner. After the Task Force on Land Supply (Task Force) launched a public engagement exercise on land supply and submitted a comprehensive report at the end of last year, the Government announced the full acceptance of the Task Force recommendations, which included a multi-pronged strategy to increase land supply. While social disputes in recent months have hindered implementation work, these have prompted me to reflect on the issue more deeply and come to the view that the governing team must make bolder decisions and overcome all difficulties with determination and resolve to restore public confidence in the Government’s tackling of this thorny problem.
