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'Silver economy' panel set up

The Commerce & Economic Development Bureau today established the Advisory Panel on Silver Economy and convened its first meeting with the aim of initiating research on the development of Hong Kong’s growing elderly population as a consumer segment.    Chairing the panel, Secretary for Commerce & Economic Development Algernon Yau said the elderly demographic was emerging as an important part of the city’s economy.    He highlighted that many products and services designed to enhance the quality of life enjoyed by elderly residents are spurring growth and business opportunities.    Mr Yau added that promoting such products and services can help to foster the development of the so-called silver economy and unleash business potential in the elderly market, whilst also catering to the aspirations and needs of elderly people. He said this would be the advisory panel’s focus.     At today’s meeting, the panel endorsed its terms of reference, reviewed statistics relating to

Technopole eco impact report issued

An environmental impact assessment (EIA) report relating to the San Tin Technopole is available for the public to review from today until March 2, the Government has announced.

 

The Government highlighted that although some 240 hectares of the proposed development area for the San Tin Technopole are located within the Wetland Conservation Area and the Wetland Buffer Area, over 60% of the land is on brownfield sites, filled fishponds and previously developed sites such as boundary control points. It outlined that the remaining areas comprise about 90 hectares of fishponds, half of which are abandoned or inactive with regard to producing fish.

 

The EIA report proposes measures to mitigate potential impacts on the area’s ecology and habitats, and outlines a holistic wetland compensation strategy to recoup the loss of wetland functions arising from the development.

 

One proposed mitigation measure involves setting up the Sam Po Shue Wetland Conservation Park, which is intended to enhance the overall ecological value, biodiversity and connectivity of the Deep Bay area, enabling the coexistence of development and conservation. Together with the establishment of a Fisheries Research Centre in the technopole, modernised aquaculture will be promoted to enhance fisheries.

 

Separately, a public engagement report and a revised recommended outline development plan for the land use proposal in relation to the San Tin Technopole were also issued today.

 

Overall, members of the public welcomed the land use proposal. Taking into account the views gathered, the Government refined the recommended outline development plan.

 

Statutory town planning and other procedures for the San Tin Technopole project will commence progressively this year, the Government added.


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