Northern Metropolis to streamline land approval process from 9 to 2 months: sources

AI Summary

Hong Kong's Northern Metropolis megaproject will introduce dedicated legislation to streamline land approval procedures from nine months to two months, significantly accelerating the development timeline. Sources indicate details will be announced on Tuesday, aligning the project with China's 15th national five-year plan. The initiative aims to boost development near the mainland China border.

Hong Kong’s Northern Metropolis megaproject near the border with mainland China will adopt laws to streamline land approval procedures from nine to two months in a move to speed up its development, the South China Morning Post has learned. Sources said that details of the dedicated legislation for the Northern Metropolis would be announced on Tuesday, with a major highlight being the shortening of land-use approval procedures. These measures align with the newly unveiled 15th national five-year...