Mega-bridge artificial island has big business potential, Lantau group says
Lantau Development Alliance sets out proposal to develop island into an information technology centre
Less than a week before Hong Kong’s leader Carrie Lam Cheng Yuet-ngor is to deliver her maiden policy address, the alliance said on Thursday it had submitted a proposal to the government on how best to capitalise on the potential offered by the artificial island.
“(The island) has potential to become a centre for technological talent and information,” said a statement from the alliance, which consists of companies such as Hong Kong Disneyland and AsiaWorld-Expo that have business interests in the area.
The alliance was referring to the HK$35.9 billion Hong Kong Boundary Crossing Facilities project, part of the HK$117 billion Hong Kong-Zhuhai-Macau bridge that will connect Hong Kong to the mainland when it is expected to open by the end of this year.
Agents eye big profits as applications open for licences to cross border at Hong Kong-Zhuhai bridge
The boundary crossing facilities will be located on an artificial island of about 150 hectares in waters northeast of Hong Kong International Airport. The facilities will provide clearance for goods and passengers.