Speech at Joint metting of Panel on Commerce and Industry, Panel on Development & Panel on Information Technology and Broadcasting

Hong Kong/Shenzhen Innovation and Technology Park in the Lok Ma Chau Loop 

Land use planning of the Loop

Mr CHAN Chun-ying supported the Loop development as a matter of urgency to complement the development of I&T in Hong Kong. He suggested that tax concessions be provided to attract enterprises and universities to set up their bases at the Park. Noting that under the Recommended Outline Development Plan (“RODP”) of the Loop, the maximum GFA for higher education, high-tech R&D/cultural and creative (“C&C”) industries and commercial use would be 720 000 square meters (“sq m”), 410 000 sq m and 60 000 sq m respectively, Mr CHAN enquired about the details of the commercial use. He also enquired if residential facilities similar to the InnoCell adjacent to HKSP proposed in the 2017 Policy Address to provide accommodation-cum-ancillary offices for rental to tenants at HKSP would be provided to tenants of the Park.

PS(IT) said that the land use parameters under the RODP was formulated before the signing of the MOU and would be subject to adjustments. PS(IT) added that the 60 000 sq m of commercial land use would mainly comprise restaurants and shopping arcades for use by tenants of the Park. Mr CHAN’s suggestion on providing residential facilities for tenants of the Park could be considered.

Immigration arrangements

In response to Mr CHAN Chun-ying’s enquiry, S for IT said that the Administration had no intention of restricting the proportion of local, Mainland and overseas personnel to be employed in the Park. It was observed that the current ratio of local, Mainland and overseas personnel in the HKSP was around 7:2:1. The ratio might be similar in the Park in future.