Budget 2022-23: Hong Kong to set aside HK$100 billion for ambitious Northern Metropolis plan – but studies on several key sites still unfinished

Feb 23, 2022 | INVESTING

Hong Kong will set aside HK$100 billion (US$12.8 billion) for its ambitious plan to develop a vast metropolis near the mainland Chinese border although studies on several key sites have either not yet started or are still to be completed.Development plans of major areas under the Northern Metropolis blueprint, including the San Tin area which is envisioned as a “technopole” – or hi-tech cluster- with more than 1,100 hectares, were expected to be formulated within two to three years, Financial…

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