Wai Chi-sing, managing director of the Urban Renewal Authority (right). Photo: Edward Wong
Wai Chi-sing, managing director of the Urban Renewal Authority (right). Photo: Edward Wong

Hong Kong’s urban renewal chief rejects calls to help Housing Authority develop public flats

  • Wai Chi-sing, managing director of Urban Renewal Authority, says it is financially ‘unfeasible’ for profit-driven statutory body to develop public housing
  • Urban Renewal Authority has different function from public housing suppliers, Wai adds, noting it would be a ‘lose-lose’ situation for both parties

Wai Chi-sing, managing director of the Urban Renewal Authority (right). Photo: Edward Wong
Wai Chi-sing, managing director of the Urban Renewal Authority (right). Photo: Edward Wong
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