Latest News

Hong Kong to build US$79 b artificial island

Tuesday, March 19, 2019

Print this page Email A Friend!


HONG KONG, China (AFP) — Hong Kong plans to build one of the world's largest artificial islands with an eye-watering US$79 billion price tag, city officials announced Tuesday.

The government's HK$624 billion proposal to reclaim 1,000 hectares (2,471 acres) of land around the territory's largest island, Lantau, has been touted as a solution to the pressing housing shortage in the city, which is notorious as one of the least affordable markets on the planet.

Authorities said they hope to start work on reclaiming land in 2025, with an eye on allowing residents to move to the island in 2032.

The artificial island — the city's most expensive infrastructure project to date — would be four times the cost of building Hong Kong International Airport, which opened on Lantau in 1998, and far outstrip Dubai's famous palm-tree shaped Palm Jumeirah, which reportedly cost US$12 billion to build.

The man-made island would be nearly three times the size of New York's Central Park and provide up to 260,000 flats, more than 70 per cent of which would be used for public housing, the government has said.

But critics say the vast reclamation project is too costly and could damage the environment, especially marine life, with many also expressing frustration over the lack of a public say in the plans.

"When all aspects of Hong Kong's public services and facilities are on the brink of collapse, will the (Lantau project) — as the government's panacea — solve problems or create a bigger crisis?" pro-democracy lawmaker Eddie Chu said on his Facebook page.

He estimated the cost of the project could balloon to more than US$112 billion by 2025, when reclamation work is expected to start.

Authorities are also planning to build another 700-hectare artificial island around Lantau, but have not released any further details about that project or its cost.

Lantau island is also home to a new mega bridge launched last year — billed as the world's longest sea bridge — connecting Hong Kong to neighbouring Macau and mainland China at a time when Beijing is seeking to tighten its grip on its semi-autonomous territories.

Thousands of people have taken to the streets to protest the plans for the artificial island.

Campaigners have also warned that the dwindling number of much-loved pink dolphins in waters surrounding Lantau may disappear altogether due to large-scale infrastructure projects.


Now you can read the Jamaica Observer ePaper anytime, anywhere. The Jamaica Observer ePaper is available to you at home or at work, and is the same edition as the printed copy available at http://bit.ly/epaperlive


ADVERTISEMENT




POST A COMMENT

HOUSE RULES

1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper � email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.

6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.

7. Lastly, read our Terms and Conditions and Privacy Policy



comments powered by Disqus
ADVERTISEMENT

Poll

ADVERTISEMENT
ADVERTISEMENT

Today's Cartoon

Click image to view full size editorial cartoon
ADVERTISEMENT