Policy Address
Medium to Long-term Programmes
92. For the medium to long term, we are determined to
implement as soon as possible a number of large-scale projects,
including NDAs and new town extensions, with focus on Kwu
Tung North and Fanling North, Tung Chung, Hung Shui Kiu and
Yuen Long South, to provide additional housing, community
facilities, public space and land for economic use. These
development projects are expected to provide close to 200 000
housing units and over 8.6 million square metres of industrial
and commercial floor area between 2023 and 2038. Potential
railway property development projects can also provide over
21 000 residential units.
New Development Areas and Extension of New Towns
93. With the completion of the planning and engineering
study for the Kwu Tung North and Fanling North NDAs,
obtaining approval of the statutory plans and funding from the
LegCo for the detailed design of advance works, we have also
formulated a new compensation and rehousing package. This is
the first large-scale new town development in Hong Kong since
Tung Chung in the 1990s. The project will provide 60 000 flats
and 840 000 square metres of industrial and commercial floor
area. The first population intake is expected in six years.
94. Tung Chung New Town Extension is another focus in the
medium to long term, and its statutory plans have been approved
by the Town Planning Board. The project will provide 49 400
flats and 877 000 square metres of commercial floor area. The
reclamation will commence next year, and the first population
intake is expected in six years.
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