Northern Metropolis: Hong Kong seeks interest in land parcels for logistics hub
Hong Kong authorities have invited interested parties to submit expressions of interest to develop land parcels set aside for a modern logistics cluster under the Northern Metropolis megaproject. The Transport and Logistics Bureau and the Civil Engineering and Development Department said the sites would meet long-term demand, promote the development of modern logistics and reinforce the city’s…
Hong Kong's Transport and Logistics Bureau has invited interested parties to submit expressions of interest for developing five land parcels within the Hung Shui Kiu logistics cluster. The cluster, part of the Northern Metropolis megaproject, is seen as a means to address long-term demand and bolster Hong Kong's position as a global logistics hub.
The government aims to gauge industry interest, views on development terms, infrastructure requirements, and financial viability through these submissions, which must be received by November 13. The 32-hectare cluster, divided into five functional zones, is strategically located near the Shenzhen Bay checkpoint and offers convenient access to Hong Kong International Airport and Kwai Tsing Container Terminals.
Zone B will be the first to undergo development, with the option to combine three land parcels for larger-scale development. Industry representatives suggested providing rent concessions and flexible land use to attract more bidders and make the hub more competitive.
Written by urgent.news from South China Morning Post - Hong Kong's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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