Policy Address

(B) Remove Barriers and Ease Restrictions to Streamline Administrative Procedures

46. The Government will streamline administrative procedures, removing barriers and restrictions. Relevant measures include:

1. Introduce the Fast Track Processing System, adopting superior construction methods from different places, and integrate successful construction technologies, materials and equipment from the Mainland and overseas, in a bid to reduce construction costs and time.

2. Implement a "phased development" approach on a trial basis with reference to the Mainland's "1.5-level development" concept. Specifically, pilot low-density facilities, such as retail, entertainment and convention and exhibition facilities will be developed initially to attract businesses, bringing income and footfall to the area to create momentum before long-term development is rolled out. We will invite market feedback on such approach of phased development for the commercial sites in Hung Shui Kiu.

3. Adopt diverse models such as in-situ land exchange and large-scale land disposal to promote market participation and expedite development.

4. Employ flexible land-grant arrangements, encouraging enterprises to set up businesses and invest in the area. Sites granted as tenancy instead of land lease may have a term exceeding seven years to provide greater flexibility. Depending on industry policies, open tendering, restricted tendering or direct land grants may be adopted.