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Politics

Lantau reclamation plans should be revived, property tycoon Gordon Wu says

SCMP·1h ago·3 min read
Photograph via South China Morning Post
RSS SUMMARY · AGGREGATED FROM SCMP

Hong Kong should revive plans for large-scale reclamation off Lantau Island to run in parallel with the Northern Metropolis project, property magnate Gordon Wu Ying-sheung has said, warning that a lack of urban land will hold back the city’s development as the population grows. The 90-year-old founder and chairman of Hopewell Holdings also described it as “too early to say” whether his property empire would follow its peers and commit to investing in the mega development near the city’s border…

Hong Kong should revive plans for large-scale reclamation off Lantau Island to run in parallel with the Northern Metropolis project, property magnate Gordon Wu Ying-sheung has said, warning that a lack of urban land will hold back the city’s development as the population grows. The 90-year-old founder and chairman of Hopewell Holdings also described it…

Hong Kong should revive plans for large-scale reclamation off Lantau Island to run in parallel with the Northern Metropolis project, property magnate Gordon Wu Ying-sheung has said, warning that a lack of urban land will hold back the city’s development as the population grows. The 90-year-old founder and chairman of Hopewell Holdings also described it as “too early to say” whether his property empire would follow its peers and commit to investing in the mega development near the city’s border…

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