Hong Kong Government: Each of the nine new development zones in Beidu has functional positioning, including innovation, technology, logistics and construction

The Zhitong Finance App learned that the HKSAR Government submitted documents relating to industrial development and investment promotion progress in the northern metropolitan area to the Legislative Council. It was mentioned that under the goals set out in the first “Five-Year Plan”, about 900 hectares of cultivated land will be produced from 2026/27 to 2030/31, and more than 400 hectares will be used for industrial use, and many enterprises have been successfully introduced to settle in the Hetao Hong Kong Park. Currently, preliminary discussions are being held with more than 45 domestic and foreign companies that have a clear interest in setting up businesses or facilities in Beidu.

The document also indicates that each of the nine new development zones in Beidu has its own functional position. The Hong Kong Park and Xintian Science and Technology City in the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone are expected to produce about 220 hectares of land for innovation and technology by 2030/31, accounting for more than 70% of the area's total innovation and technology land; the Hung Shui Qiao/Xiacun New Development Zone, which is close to Shenzhen Bay Port, has also reserved about 32 hectares of logistics land to create a modern logistics circle. Over 90%; in addition, Beidu has already reserved On 30 hectares of land, a large-scale advanced construction industrial park has been built, and facilities such as prefabrication of steel bars and the production of new concrete have been installed.

Authorities said that the first Hung Shui Kiu area project was awarded to Hung Shui Qiao New Development Co., Ltd. in August this year. The winning company will be responsible for leveling and developing three residential sites, which can build more than 3,000 units. It will also build a smart modern logistics center on corporate and science park land. JD Group (09618) will enter as a leading enterprise and start operation within 55 months.

In addition, the winning bidder is also responsible for leveling the remaining lots of land in the Hung Shui Kiu area, as well as constructing open spaces, pedestrian streets and footpaths. Regarding the next Tender for the Fanling North Area, the Government is closely communicating with the market to formulate suitable development parameters and tender terms.