Hong Kong's Lantau Tomorrow Plan Delayed, Authorities Shift Attention to Northern Metropolis Scheme
Friday, 1 March 2024, 04:34
Update on Hong Kong's Infrastructure Plans
Finance chief Paul Chan shared that the Lantau Tomorrow plan is facing a 2-3 year delay. The authorities will now prioritize the Northern Metropolis scheme, shifting focus away from the original project.
Key Details:
- Delay: 2-3 years
- New Focus: Northern Metropolis project
- Financial Impact: Fourth deficit over HK$100 billion expected
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