Analyses | Land, housing and infrastructure | 2019-10-03 | HKET

Hong Kong needs to build land reserve regardless economic volatility



The risk of an economic downturn inevitably affects the developments of Hong Kong. However, the city should not slow down land development. Aiming to ensure policy continuity, the Government should establish a comprehensive land reserve mechanism. Under this mechanism, land sources should be diverse, land use should be target-oriented and flexible, and land management should be systematic so that the city can provide steady and sufficient supply of land for the future.

The full version of the commentary is in Chinese only.