New World to hand over 11 Skies project in April
The Airport Authority (AA) said on Wednesday that it reached an agreement with New World Development to terminate the sublease of the 11 Skies development project early. The property developer will hand over the mega complex located near the Hong Kong International Airport and the Hong Kong-Zhuhai-Macao Bridge on April 1 next year along with the assets in connection with the development at no…
The Airport Authority (AA) has reached an agreement with New World Development to terminate the sublease of the 11 Skies development project early, with the property developer handing over the complex and its assets to the authority on April 1 next year. The 11 Skies project, situated near Hong Kong International Airport and the Hong Kong-Zhuhai-Macao Bridge, is part of the HK$100 billion Skytopia mega project, which aims to transform the area into a world-class destination for tourism and business activities.
New World Development Chairman Fred Lam emphasized that the project is more than a typical shopping complex, as it will feature large-scale entertainment facilities and experience-driven offerings, making it a unique entertainment hub within Skytopia.
Brief written by urgent.news from RTHK English's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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