Government Invites Industry EOI for Five Logistics Sites in Hung Shui Kiu Development
Crhk · 2 SOURCESabout 2 hours ago2 MIN
Summary
The Transport and Logistics Bureau and Civil Engineering and Development Department have launched an expression of interest exercise for the first five sites in the Hung Shui Kiu/Ha Tsuen New Development Area's Modern Logistics Circle. The invitation seeks industry feedback on proposed development terms, infrastructure requirements, development schemes, land disposal methods, and financial viability. Industry stakeholders have until noon on November 13, 2024, to submit their responses, with a pre-submission briefing scheduled for December 11.
Key Points
- Five sites across three zones have been selected for the first phase of the logistics circle development
- Zone A encompasses one site designated for high-value cargo logistics purposes, covering approximately 3.1 to 5 hectares
- Zone B includes three sites planned for e-commerce logistics operations, also spanning approximately 3.1 to 5 hectares each
- Zone C features one site allocated for freight forwarding and low-altitude economy applications, measuring approximately 3.1 to 5 hectares
- Zone B's three sites will constitute the initial batch of development, with the earliest possible market launch by late 2025 or early 2026
- Zones A and C, each comprising a single site, will be launched subsequently following Zone B
- Site amalgamation will be permitted to facilitate larger-scale development projects
- The government has reserved approximately 32 hectares of land within the new development area for modern logistics purposes
- A spokesperson emphasized that the exercise aims to address the long-term land requirements of the logistics sector
Why It Matters
This expression of interest exercise represents the government's concrete step toward developing a purpose-built logistics hub to meet the evolving needs of Hong Kong's logistics industry. By gathering industry feedback before finalizing land disposal terms and development models, the authorities aim to ensure that the resulting infrastructure will effectively support high-value cargo, e-commerce, and emerging sectors such as low-altitude economy operations. The phased development approach, combined with flexible site amalgamation options, signals a strategic commitment to accommodating diverse business scales and fostering competitive logistics services in the Greater Bay Area.
This expression of interest exercise represents the government's concrete step toward developing a purpose-built logistics hub to meet the evolving needs of Hong Kong's logistics industry. By gathering industry feedback before finalizing land disposal terms and development models, the authorities aim to ensure that the resulting infrastructure will effectively support high-value cargo, e-commerce, and emerging sectors such as low-altitude economy operations. The phased development approach, combined with flexible site amalgamation options, signals a strategic commitment to accommodating diverse business scales and fostering competitive logistics services in the Greater Bay Area.