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More HZMB private car quotas set

The governments of Hong Kong and Macau have agreed to increase the regular quotas for Hong Kong cross-boundary non-commercial private cars using the Hong Kong-Zhuhai-Macao Bridge to Macau, the Transport Department announced today.   The decision was made to enhance traffic flow between Hong Kong and Macau, better utilising the bridge, the department said.   It will increase the Hong Kong quota by 1,000, following the earlier quota allocation of 1,800 for Hong Kong.   The additional quota will be distributed in two phases from the second quarter.   Half of the additional 1,000 quota allocations is for company applicants and the other half is for individual applicants. The quotas are valid for no more than three years. The eligibility criteria of quota applications remains the same.   Private cars allocated with Hong Kong quotas will be permitted to access the city of Macau multiple times using the bridge.   The Hong Kong quota allotments will be re-allocated upon expiry thro

Sheung Shui site sold

The tender for a Sheung Shui site has been awarded on a 50-year land grant at a premium of $4.185 billion, the Lands Department announced today.   Fanling Sheung Shui Town Lot No. 278 at Area 24, Kwun Tung, New Territories was awarded to Season Investments, a subsidiary of Wheelock Properties.   It has a site area of about 7,624 sq m and is designated for non-industrial purposes excluding godown, hotel and petrol filling station.   The site’s minimum and maximum gross floor areas are 27,447 sq m and 45,744 sq m.
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