Hong Kong's Northern Metropolis Requires Early Success to Attract Investors, John Lee Says
Hong Kong Chief Executive John Lee Ka-chiu stated that the Northern Metropolis megaproject needs early success stories to attract both mainland Chinese and international investors. The initiative, spanning approximately 30,000 hectares near the border, will employ a multi-focused strategy. This approach aims to drive advancements in technology, industry, and education, while also addressing the city's talent attraction challenges. The Hetao cooperation zone is expected to be the first successful draw.
Hong Kong Chief Executive John Lee Ka-chiu has emphasized that the Northern Metropolis project requires early success stories to draw in both mainland Chinese and international investors. Lee indicated that the megaproject will implement a multi-focused strategy to foster progress in several key areas.
This strategy is designed to drive advancements in technology, industry, and education. A crucial goal of the Northern Metropolis is to help Hong Kong overcome its existing bottleneck in talent attraction.
Lee specifically identified the Hetao cooperation zone as the anticipated first successful draw for investors. The Northern Metropolis itself covers an area of approximately 30,000 hectares, which is equivalent to 74,130 acres, and is situated near the border.
(Source: South China Morning Post)
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