Urban Renewal

In response to a recent fire in Tai Po, Hong Kong's government is reforming the Urban Renewal Authority's 'Smart Tender' scheme with homeowner satisfaction surveys to combat bid-rigging and improve building maintenance. Chief Secretary Eric Chan Kwok-ki announced plans for a preselected list of qualified contractors, with poor performers facing removal after investigations.

8. januar 2026 Rapportert av AI

Hong Kong's Urban Renewal Authority has raised HK$8 billion through a bond sale to fund urban renewal projects. The authority sold two tranches of bonds amid strong investor demand. This marks its return to the bond market since August 2024.