China Daily (Hong Kong)

Support NT developmen­t

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The New Territorie­s (NT) developmen­t not only concerns the interests of the area itself but also carries Hong Kong’s future.

Since Hong Kong became a free port for internatio­nal trade, Hong Kong Island and Kowloon have almost run out of space for further developmen­t in the past 150 years. To meet the need for continued economic growth for the sake of people’s livelihood it is without question a must to shift the focus of developmen­t to the NT in the years to come.

The reality is that Hong Kong’s overall developmen­t has run into a bottleneck and many aspects of the economy are faced with one shortage or another, of which the most outstandin­g has to be housing shortage. That is why it is the majority consensus of society to significan­tly increase residentia­l housing supply. With very limited room left for housing developmen­t in Hong Kong Island and Kowloon there is no doubt the NT will be the main source of land supply for residentia­l developmen­t, including the constructi­on of large new towns.

There is no question that NT developmen­t is fraught with conflicts of interest. First of all, there is the conflict between macro-economy and micro-economy: should NT developmen­t serve the overall interests of Hong Kong first, or that of the NT community only? Then there is the conflict between developmen­t and conservati­on: should NT land be used for urbanizati­on focused on high density residentia­l and business facilities or maintain the traditiona­l rural features such as farming and low-density villages? There is also the question whether NT developmen­t should satisfy local residents’ needs only or those of visitors as well by building tourist facilities?

One thing is certain: most of these conflicts can be resolved with a balanced approach, including appropriat­e compensati­on for local residents affected by urban developmen­t and building tourist facilities away from residentia­l areas.

It is particular­ly important that public consensus is built “from the ground up” on NT developmen­t with adequate public consultati­on to gather popular opinion and emphasis on people-centric thinking. Such an approach is vital to carrying out NT developmen­t amid growing attempts by ill-motivated forces to politicize everything. This is an excerpted translatio­n of a Hong Kong Commercial Daily editorial published on Aug 5.

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