Charles Mok e-Bulletin
The government announced this week that it will partner with Shenzhen to develop Lok Ma Chau loop into a innovation and technology park. While I agree that more land supply for R&D is positive, given the huge investment in infrastructure that our taxpayers will pay for, we have the responsibility to ask the right questions to make sure Hong Kong will get value for the deal and generate positive impact, not rely on empty promises — granting entry permit waiver for “verified” Shenzhen workers, criteria and requirements to the tenants in the park, strategic role that this massive project carries in relation to other planned R&D land use at new development areas in the New Territories.
Transparency and accountability must be ensured throughout. I demand the government to release more details of this project, especially the cost estimate of development and what will be included in the proposed tech park, such as the proportion of land reserved for e-commerce, data centres.