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Policy Address measures highlighted

Secretary for Commerce & Economic Development Edward Yau today briefed members of the Trade & Industry Advisory Board on initiatives related to commerce and trade in the 2021 Policy Address.   Mr Yau said the Policy Address focuses on integration into national development and states that the developments of Hong Kong and the nation are closely related.   While the nation is the major growth engine and driving force for the global economy, the 14th Five-Year Plan, the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area, the Qianhai plan, the economic development pattern of not only greater domestic circulation but also domestic and international dual circulation, as well as the Belt & Road Initiative have brought unlimited opportunities for enterprises and professional services providers in Hong Kong.   The city must seize these opportunities and leverage its advantages, Mr Yau noted.   During the meeting, the commerce chief stressed that Hong

2 sites to be sold

A residential site in Kwu Tung and a commercial site in Causeway Bay in the 2020-21 Land Sale Programme will be sold by public tender, the Lands Department announced today.   Fanling Sheung Shui Town Lot No. 279 at Area 25, Kwu Tung is designated for non-industrial purposes, excluding godown, hotel and petrol filling station.   It has a site area of about 18,567 sq m with a minimum and maximum gross floor area of 66,842 sq m and 111,402 sq m.   Both include the gross floor area of a public transport interchange which has to be constructed by the purchaser under the Conditions of Sale.   The tender invitation for the lot will open on March 26 and close on April 23.   Inland Lot No. 8945 at Caroline Hill Road, Causeway Bay is designated for non-industrial purposes, excluding residential, godown and petrol filling station.   It has a site area of about 14,802 sq m with a minimum and maximum gross floor area of 60,000 sq m and 100,000 sq m.   Both include the gross floor area of a child care centre, a day care centre for the elderly and a district health centre but exclude the gross floor area of the public vehicle park, all of which have to be constructed by the purchaser under the Conditions of Sale.   The tender invitation for the lot will open on March 26 and close on May 7.
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