Hong Kong Infrastructure Outlook – Unlock the Opportunities in the Metropolis
Greater Bay Area
Major infrastructure development is on the way as part of Hong Kong's Northern Metropolis Development Strategy. At a seminar on 18 May, Marcos Chan, Executive Director and Head of Research for Hong Kong SAR, CBRE, introduced his firm’s latest report on Hong Kong’s infrastructure outlook, and discussed what the development of the city's transport and real estate infrastructure means for investors and businesses in Hong Kong.
The extensive new roads and railways will provide rapid links from Hong Kong to the Mainland, including faster links to the airport.
Chan noted that a significant part of the Northern Metropolis development would be in the logistics and innovation sectors, and said that much of the residential space had been allocated for public housing. He added that the current Harbour Metropolis would remain home to the financial sector, so he did not expect to see an exodus of businesses from the city’s original CBD.
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