September 24, 2024

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Hong Kong’s San Tin Technopole to Propel I&T Growth

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The Development Bureau (DEVB) has confirmed plans to advance the San Tin Technopole and related initiatives, following the completion of the statutory planning process. The project holds strategic significance for the development of innovation and technology (I&T) in the region. As the flagship project of the Northern Metropolis, the San Tin Technopole aims to create a modern, sustainable district that harmonises industrial development with ecological conservation and high-quality living environments. The project is expected to create around 160,000 jobs and deliver approximately 50,000 residential units.

According to the DEVB, there is substantial public support for the acceleration of I&T projects, with a strong desire to see the government push forward without delay. The project aligns with the government’s broader vision for the Northern Metropolis, which has been identified as a critical area for growth. As part of this vision, the government aims to address societal needs in terms of land development, infrastructure, housing, and economic growth, with I&T playing a central role.

The availability of dedicated land for I&T is seen as a vital step in fostering the growth of local startups while also attracting international companies to the region. The formation of these sites is expected to build momentum for the development of the wider I&T sector. This initiative directly supports the strategic goals outlined in the 14th Five-Year Plan, which envisions Hong Kong as an international hub for I&T.

In terms of project timeline, the government is preparing to seek funding approval from the Legislative Council Finance Committee for the initial stages of site formation and infrastructure development at the San Tin Technopole. This is expected to occur toward the end of the year, as scheduled. The first phase of I&T sites within the technopole is anticipated to be ready by 2026.

Alongside the focus on technological development, the government has maintained a commitment to ecological conservation. One of the primary goals of the SPS WCP is to ensure that there is no net loss of ecological function or capacity due to development activities. When applying for project funding later this year, the government will bundle the application with funding for the design of Phase 1 of the SPS WCP.

The Development Bureau’s decision to proceed with the San Tin Technopole is backed by the approval of three draft outline zoning plans by the Chief Executive-in-Council, establishing the statutory framework for both the technopole’s development and the creation of the Sam Po Shue Wetland Conservation Park (SPS WCP). The approved zoning plans cover San Tin Technopole, Mai Po & Fairview Park, and Ngau Tam Mei, complementing the previously endorsed plan for the Loop.

The DEVB emphasised that the project is backed by extensive studies and consultations, fully complying with existing laws and regulations. The government remains committed to addressing the judicial review while advancing the project with care. Efforts will also be made to minimise any delays despite the legal process.

To further address environmental concerns, the DEVB reiterated that the initial funding applications for the San Tin Technopole would not involve pond filling, as had been previously promised. Pond-filling activities are expected to commence only after the wetland park development begins in 2026-27. This approach highlights the government’s intention to balance development with environmental stewardship.

The DEVB’s plans for the San Tin Technopole underline the government’s strategic focus on I&T as a key driver of future economic growth, while simultaneously emphasising the importance of maintaining ecological balance. By moving forward with this project, the government aims to create a conducive environment for technological innovation and business growth, thus bolstering Hong Kong’s position as a leading I&T hub on the international stage.

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